Anthony Gallagher
thinking about the "2 in 5 capital gains" rule Bushwick/ BedStuy Brooklyn
Hi BP folks!
We have a Bushwick-BedStuy, Brooklyn double duplex / 2 family close to the Halsey Brown line stop. It is fully rented and cash flows 3k+/month. We bought in 2013 for $800k, renovated in 2016, refi'd &am...
Charley F.
Should I create an LLC?
I have seen that many of you have an LLC. What are the benefits to a landlord that only has one property.
Should I create one?
Nicholas Lopes
Short Term Rental - Hotel Units
Hey everyone! Newbie here. Looking to make my first deal and I'm super interested in a resort near me in Vernon NJ. It's technically a resort/hotel situation. It checks off all my boxes in regards to the HOA allow...
Teho Kim
How to find VA assumable loans?
Just found out that assumable loans are a thing for VA loans. My next military assignment is to Del Rio TX and I'd like to get take advantage of the assumable loan. But despite it being a small town with a proportiona...
Steve Hiltabiddle
Seller financing as a buyer
Hi BP Community, Seeking some strategies/advice on how I, as a buyer, could structure a purchase with a seller who has a duplex free and clear to help reduce the appreciation taxes on the sale. This is an older owne...
Ronald P.
What are the benefits of having a real estate license?
I am about to start my real estate salesperson classes and I heard you get money from every deal you do with a real estate license, even if I buy a house? What are the advantages from having this license? Will I be ab...
Pete Mumma
personal home converting to rental: Address LLC?
Hi everyone,First, thanks for reading my post, and for all the information here on BP! Wow! I have a PA home I'm currently using as my personal residence, traditional bank financing, >20% equity, that I've been i...
Ganesh S.
Pay-off NNN mortgage - need an intermetidate LLC
Hi Everyone,
I am paying off a mortgage for a NNN property that I have bought using LLC name A. My attorney is indicating that it may be better to first create a new LLC B where all my funds would be deposited first ...
Rod Zahavi
Buying New vs. Old. Finding a Hassle Free Investment Property
When investing in real estate one of the key factors to consider carefully is the age of the property. Prices on older stock may be tempting, but going with a new investment property has many important advantages. In ...
Todd Bowen
Inheriting a tenant that is behind on rent????
If you had the option, would you inherit a tenant that is $500 (1 month's rent) behind on rent or would you have the seller evict the tenant prior to closing? Thanks in advance!!