When purchasing the “replacement” property, do we need to purchase a property equal to or more than, the Capital Gains or the Net proceeds?Sell “relinquish” property: $287kLoan balance: $115kCommission, fees: $15kPur...

I just wanted to say that I am VERY excited my wife and I have officially started our rental property empire! I've been following (more like stalking) BP for close to a year now soaking up information but this is my f...

Hello Everyone,My name is Ken Hominsky and I am a newbie in real estate. I am looking to buy a duplex or four plex in the Phoenix, AZ area.  I would like to even live in a unit for a year or two as well. I work as a c...

Hi I’m a new investor with plans to start full force in less than 3 years. I found a condo with an active tenant that’s been there for three years and no plans to move. The property is in good condition. There asking ...

When someone invests in a crowdfunding platform (like Crowdstreet), is this considered a real estate purchase or is it something like shares in a company? I think I read that they will issue you a K1 statement so I'm ...

Hi I am a rookie real estate investor looking to invest in phoenix from out of state; I'm embarrassed to post but was wondering if anyone could guide me on areas of phoenix that is good to invest and areas to avoid? I...

I’m just finishing up my undergrad and am trying to learn as much as I can about real estate investment both here locally in Utah, and around the world. I’ll be an active duty Army officer when I graduate in 2021, and...

Hi everyone! I'm at the very beginning of my journey of real estate investing. I have taken an interest in manufactured homes and am trying to learn about it. But I'm confused about something. I live in Illinois and I...

I am selling a rental property in Virginia and am deciding whether to cash out or to defer capital gains of around $220,000. This is the first time selling a rental property where I will have to pay capital gains. I a...

Look Beyond Your Nose

When I got out of high school, I went to work for a construction company driving an extremely large belly-dump at an earth dam project for a new lake.

Once a week there was a manda...