I have a 3 unit I purchased in 2017 for 575k in todays market I’ve been offered 950k for the property. Within the next couple of years I’ll have to do some pretty big projects to the house including siding, some windo...
Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
Here is a nice breakdown I found of the proposed tax plans for Trump vs Biden. Unfortunately, Biden's tax plans are not very friendly to RE investors.
https://www.cmtaxandconsulting...
So I bought a home in Hawaii in 2005, rented it out from 2011 until this summer and sold it when my family moved to Lexington, VA. Thought that doing a 1031 made the most sense, but in the end felt kind of pressured t...
Hi all - I'm curious what everyone would do in my position. Happy to hear all opinions, and thanks in advance. My wife and I are hoping to build a portfolio for long term buy and hold. We have two properties right now...
Which option would you pick, and WHY?? Also, if you can think of Option C, you are a rock-star! :)So, condo is 2 BR, 2 BA in North Pacific Beach area in San Diego, CA. Great location, walkable to the beach. I bought w...
Hello! This is my first post so if I make a mistake I'm sorry! First I’d like to say I’ve enjoyed reading Jay Hinrich’s posts; they’ve helped me get a firmer grasp on real estate investing and I’m grateful for that, a...
Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...
Greetings, BP! My husband and I have been lurking on this site for the past month and finally decided to create an account on this special day -- we officially closed on our 1st investment property today! A little abo...
This was my former primary residence. It's currently being rented out until the spring. My first thought is to sell it and move on to something better. I wanted see if there is another option I'm not thinking of (refi...