Elizabeth N Trahan
Use our current home as our first rental property?
Hi Ya'll! I am brand new to the BP forums and their website. I will try to keep this short but we live in our current home now in SC. My fiancee bought the home in 2010 and there is good equity in the home now. He/we ...
Ellen Larson
I am looking into buying my first CRE property
https://drive.google.com/file/...
Would anyone help me with an analysis here? I only really fully understand multifamily and single family, so I need help with how these appreciate. The broker stated that since sup...
Jimmy Lin
Proceeds vs Profit on a 1031 Sale
Reading some 1031 articles on BP and it is a little confusing that the term proceeds and profits are being used interchangeably. From: https://www.biggerpockets.com/..."Also, all the proceeds from the sale need to be ...
Account Closed
Is the sweat of flipping worth it
Hi BP'sLooking for some advice.Just read Brendan's - 7 years to 7 figure wealth.I have a couple of flips, that are currently back on the market. Have noticed the market in Orlando has slowed down greatly.I am an exper...
Mary Ann Hall
Bought out co-owners of inherited property...will we owe tax?
My mother-in-law passed away in December leaving her home to her four children. To help reduce the family drama my husband and I bought his three sibling's shares in March. We are making repairs so that a nephew can q...
Nick Vought
Selling High or Keeping a Great Property?
BP Family! I am reaching out to all of you to help me try to solve this cross road I am at. I currently own a Fourplex that I had purchased 2 years ago for 450k with an FHA Loan. I do not have a lot of equity in the p...
Simon Stahl
Indianapolis property appraisal
Hey everyone
I got financing on a property a while back and just now looked over the appraisal report again. There are a few things that seem strange to me so I wanted to ask the folks on here how exactly the apprais...
Matthew Parkhurst
Is this a good opportunity for my first rental?
Looking for my first rental property. Found one in Augusta, GA. Seller financed. $2k down, $300 a month. Thinking of putting in a couple thousand and renting it out for $500 to get my feet wet. 10% towards property ma...
Ric Weidner
feedback on our flip
hello BP'ersI'm not going to get into the drama of what my wife and I are going through with this thing.I am looking for honest feedback with how to deal with this, so here goes.we have a house on the market right now...
Megan Hirlehey
What is depreciation recapture?
Hi BP. I keep seeing the term “depreciation recapture” pop up in my research, and it sounds like a b!tch. How exactly does it apply to real estate investing and on what types of real estate deals would you encounter i...