Navdeep Raj
Capital Gains - Investment > Primary
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Matthew Brill
Analysis Help for a New Investor with a Unique Opportunity
Hello BP community,I am new to buy and hold investing and have being doing as much reading and learning as possible while looking for deals to get started with. I came across an opportunity involving purchasing duplex...
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Buy low, rent high?
I guess I've already sort of started out, but perhaps it's not a very good start. I have a single family home that makes $1000 in rent but costs $1500 in mortgage. I guess it's not so bad, though, because it also in...
William Schlicher
First 1031 and advice on options
This is my first post on BiggerPockets and looking for any and all advice! We are selling a rental property in Northern California and want to 1031 into....? We have not lived there in 5 years so I do not want to pa...
Wei Xie
Help to save Costas-Hawkins Act
From Apartment Association:
On January 11, 2018, the California Legislature will vote in Committee to repeal the Costa-Hawkins Act. If they are successful, cities will be authorized to permanently control the rent of...
Kenny Lincoln
How To Understand Reserves Needed for Financing
Looking for feedback about the following scenario, thanks BP. Plan to sell an investment property and receive around $215k. I would like to use a 1031 exchange to leverage all of this money. I’m trying to get an under...
Lucinda Hamre
Sell or Refinance a Commercial Building?
We bought a commercial property (4200 ft2 home facility that is a handicapped-accessible 8 BR, 2 bath home, with 2 additional ensuite units that have dedicated bathrooms) that required significant work. As newbies, we...
Kaleb Musie
My first purchase with Memphis Turnkey Properties
I'm now writing my review as I figured it would be best after actual experience. This is for those considering the turnkey route. I first purchased my rental in Memphis through @Alex Craig Turnkey Properties company...
Joseph Labit
How to convince my partner to 1031 our properties
My dad and I purchased 3 condos together back in 2011-2012. We paid around 50k each and they are now worth around 100k each. We own them free and clear. My dad is very conservative and happy with the cash flow that th...
Sean Kelly
Sell for $180k profit -- what to do with the cash?
Purchase price: $156k Recently refied to a 15yr Mortgage - $131k owed -- $1200/mo w/ taxes and insuranceCurrently rents for $2400/moProperty is worth $300k conservatively so could likely sell for $180k PROFIT. I want ...