P.J. Hankins
Question on property currently under tax lien
So I found an ad in my local craigslist "You pay taxes, you can have the house."
Long story short, the investor out of OR is telling me the property management company they were working with let the property go, didn...
Matthew Kostelic
Property Tax: Owner-Occupied vs Rental
First post here, and noob in the game of real estate investing. I've been reading and learning on here quite a bit, and decided to take action recently on a rental property in Columbia, SC. I was actually supposed t...
Bertram Scroggins
Property tax Long Island
How much is property taxes in Long Island? Examples would be nice. As in a breakdown in how much yearly. I’m new to investing and would like to know more about this area.
Ayana Mingo
Wholesaling a property with back taxes
I would like to wholesale a property but it has a $16k in back taxes and needs $20k in repairs. Most I would offer for the property is $10k- $15k. The repairs is normal for a distressed property but taking care of the...
Daniel Thomas
Cashing out 401k to invest in RE
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
Teresa Rad
Capital Gains tax on primary residence that has been rented out
Hi, I have question about what is considered your primary residence. I own an apartment that I lived in for about 8 years before moving out to rent a home with my new husband (apartment was too small for us both) whil...
Monty Bruckman
New Investor in Phoenix Deer Valley
As mentioned above, I live in Deer Valley and would like to become a real estate investor. I've bee listening to more and more podcasts and gaining interested in investment strategies and opportunities. I am working f...
Axel Lafortune
Negative Cash Flow VS Equity Accumulation & Tax Benefits ?
I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)
Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:
Apprec...
Francois Frigon
Scenario for using 401k funds
Hi, I'm new to RE investing... need you to comment on my thinking...I'm looking to purchase an 21 units apt building for $950k. I'm hoping to use $285k as a down pay from my 401k (through a Self Direct I presume). ...
John Romero
Numbers on a Student Rental
Hi everyone,
I've been away from BP for a few months, out in the field looking for properties, running my own numbers, etc, etc.
I recently found a property that I am considering for a Student Rental and perhaps you...