Hello BP!I will be starting my own AirBnB arbitrage with a landlord soon and I’m incredibly excited because the market where I am is amazing for it! I’m curious about the contract that you have with your landlord. Ive...
Hi, we are in escrow on our first home purchase/house hack in a coastal area of California. The current owner/landlord signed a 2 year lease with the current tenant in one of the units way under market value. That is ...
BP,I'm a aspiring wholesaler trying to game plan for a marketing campaign I am going to launch at the beginning of the year.I asked this question in the wholesaling forum and shockingly I didn't get a response. What ...
Investment Info:
Single-family residence fix & flip investment in St. Louis.
Purchase price: $82,000
Cash invested: $23,000
Sale price: $142,000
This was my first profitable fix and flip in S...
Investors and wholesalers -- For those of you who are using direct mail, or even using some other method of sourcing deals, what percentage of leads do you close? 1 out of 10? 1 out of 20?What percentage are even wort...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Single family home
How did you finance this deal?
Capital partner, $0 out of pocket.
...
Hi,I have a very specific question for you. We have lived in a house for 715 days within the last 5 years, it was our primary residence that we have rented after the number of days above for 2 years, and we are planni...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $195,000
Cash invested: $1
This is a well-cared for triplex in the Germantown neighborhood of Philadelphia. ...
Thank you in advance forum members. I need clarification on whether the 2-out-of-5-Year Rule would apply in our situation to get full exclusion from capital gains tax.We
live in CA and had purchased a condo in Jan 2...
We’ve lived in our condo for the past 3 years and are considering renting it for the next 2-3 years then selling it to take advantage of the 2-out-of-5 rule. Since we’ll be renting it we want to put it in an LLC but a...