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Hello BP community,I have recently accepted an offer on my current residence, as I thought I would be yielding a significant net profit, which I was planning on using to get my first duplex/triplex house hack in NJ. ...
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Here is my situation. I own an investment property that I am selling and wish to do a 1031 exchange. Is it possible to use the gains from the sale toward an addition on my primary residence. For example to build a uni...
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Hi everyone! I am in Ontario Canada. I'm at the very beginning stages of learning about property investing. I'm hoping I can get some recommendations on good readings or pod casts on the two topics: (I am more concent...
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I live in Wisconsin, but I am thinking about purchasing a single family home in Crestview Florida as a rental property. I am concerned about maintenance costs or any other issues that Florida may have that we do not ...
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Hi all!I’d purchased a townhome as an investment back in May for 150k (3.375%). I spent about 20K fixing it up, and got a tenant in paying 2.2k/mo. Property is current CF positive at just over 1K/mo. I had thought abo...
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I’ve been working on converting a single family to a multi using a construction loan. Lender has extended the loan twice already penalty free of any fees. Now we’re right at the finish line with about two months of wo...
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Hello,
I’m dreading tax season because I’ve done pretty well this year. First question, is it too late to spend my money on repairs for this tax bill?Second question, do I have to pay taxes on a title insurance sett...
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What do you look forward to when hiring a property management company?
Any bad experiences with property management companies in Detroit, MI?
Anything that company could've did to still have you as a client?
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Hello everyone,This is my first post and I am looking for insight and mistakes that you may have seen when paying properties with friends/group. Short back story. I have listen and read on BP before but never posted. ...
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Should I come out my contract due to recession might happen and I could buy cheaper later?Thanks any insight would be appreciated 😊Closing date would be April 18 it’s a three family house I will be house hacking then ...