Chris A.
Buy Flip With Cash / Immediately Finance
Is it possible to buy a house with cash and then turn around and finance it immediately? We're looking at a property and only cash offers are accepted.
We have the cash to cover it but would ultimately want to immed...
Daniel Scott
Capital gain tax on investment property
I have a rental townhouse that we wish to sell when the current lease is up, in about a year. We owe around $100k and its valued at roughly $185k.My question is how will I be taxed due to the capital gain if I do a c...
Jerome Kaidor
Putting it on Autopilot
Hi all,
Recent events in my life have caused me to want to spend less time on the day to day administration of my properties. Simply - we just gave birth to twins. A boy and a girl.
I do all the...
Joe Patton
Renting to tenants during COVID
I am in the process of renting a few of our units out in Seattle and I've been hearing a few stories of potential renters losing their jobs or being on unemployment so not being able to show a proof of real income. In...
Mario Morales
Breaking Even first few months but will cash flow within 6 months
Mix use, commercial space on 1st floor locked in to lease until 2024. 900 a month, sucks a bit. The other two units are under market price. Rents can go 30% per unit. I know that we should look at the present, but thi...
Matthew Scott
Chicago tenant issue
I am asking this question for a friend of mine in Chicago. She has a tenant that stopped paying rent about 9 months ago. When confronted he just suggested she go through the eviction process, presumably because he kno...
Kevin Mejia
Selling First 3 Unit FHA after 2 years. Taxes?
I was 19 when I joined bigger pockets and gained so much knowledge. To keep it short. I worked etc. (W2 job) eventually found a good deal. I bought it for 220k. It can sell now for about 400k. I lived in one the units...
Mackal Smith
First 8 unit and Insurance is really hurting cash flow
Hey all,Up to now I have only bought 2,3, and 4 unit buildings. I have 15 units total and have had a lot of success so far. I just got my offer accepted on my first 8 unit apartment building. I ran my numbers includin...
Gary Gristick
4,000 home address list
What advice or successful strategies have you used when purchasing a list and cold calling them? I have a list and want to call to wholesale or purchase for long term rental investment. The list does not include phone...
Drew Slew
Owner occupied room evicton - NJ
2 family unit, second floor 4 room 1 bath has 3 rooms rented, 1 room landlord lives in:some complications appeared and landlord wants them all out, as 2 tenants are withholding march rent (had some HVAC issues, no CO ...