I know that you must live in a house for 2 out of 5 years to avoid capital gains tax, however, do you have to live in the house 2 out of every 5 years you own the property? For example, do you have to live in it for 4...
My wife and I are closing in on our first deal, and are pretty excited. We've learned a lot by reading through these forums. We have one specific question for the forum. Our current tentative close date is Septem...
Good morning BP, It has been a little while since I posted, but I am having a real tough time in maintaining my duplex . I am in desperate need of a good handyman, someone that can do the work but also can suggest f...
Hello,I am currently working on a deal where the seller has agreed to sign over their property subject to the existing mortgage. The seller has a property where the tenant just moved and no longer wants the property....
I'm new to investing but was presented with a potential deal. Purchase price: $550,000Home built in 1922, 1000 sq ft, Class A neighborhood in San DiegoARV: $760,000Known issues: unpermitted garage conversion, broken ...
Hello everyone, I am seeking referrals to independent/unbiased/trustworthy and experienced home-inspection company in Jacksonville, FL. I just put earnest money down to buy a SFR from a local turnkey provider. The p...
Hello, I’m new to BP and I’m in the process of buying my first investment property. And my question is “I’m looking to ways to make the property rental friend and make sure the house stays in good shape etc. flooring,...
Connecticut Investors: I'm looking for recommendations for a cost effective and trustworthy inspector for a property in Madison. Appreciate the help in advance!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $98,000
Cash invested: $7,500
I bought a duplex with a 203k loan fixed it up and live here.
What ma...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $140,000
Cash invested: $56,000
Duplex that we purchased at $140,000. We put about $16,600 into the right ar...