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Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...
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We have managed one SFR property, about 50 miles away, for 20 years. Got burned by one hoarding Tenant, who illegally was running a business. When he broke the Lease early (turns out he made a fortune and drove away ...
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Typically, by the time my flips are on the market, I am completely over it and ready to move on to whatever is next, so I never did much retrospective analysis. I know how much I made and generally what went wrong and...
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Hello BP community, after reading J. Scott book and Bigger Pockets Podcast, I decided to post for the first time. So here is my first question for you all
Should I buy this House? What am I not looki...
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That is what I feel like right now.We are house hacking a two unit property that we bought in August. The previous owners occupied it for over 50 years and took great care of it but did not separate out any of the ut...
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Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
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BP community!We sold a home in McKinney (Texas) a few months ago. We did not get permits on electrical. The buyer had their chance to do DD and did not bring any attention to electrical. The buyer has now come back an...
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Hi guys,New investor here and just wanted to ask a quick question about what your rules are when it comes to investing in low income neighborhoods?Ive been doing some research and ive been told that some investors won...
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Hi All,Does anyone know of any programs in Chicago or Illinois in general that would be worth looking into for assistance with down payment or closing costs? From my research, I have come across programs that favor fi...
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What am I missing? It seems like Sarasota / Tampa real estate is half of Boca Raton / Fort Lauterdale? I understand its like colder there in January / February - but aside from that why are the prices so much cheaper?