Mark Glade
Capital gains question - selling rental property
Hello all, Quick question for you "experts" here. I have a rental property in GA that I'm looking to sell. I've owned it since 2004, when i paid $200k for a brand new home. I have rented it out since 2016. My mortgage...
Russell John Walsh
Screening applicants with a co-signer
I may choose to vet a young couple , both currently off their jobs due to being non-essential. They want me to take a co-signer.
It seems, I would fully screen the two people, and the co-signer
Would I ask for tax...
Jason Hill
Is this a good deal for up state NY?
So I have a noob question. A seller is selling her house she wants 106,000 fmv is about 140,000. From my rough estimate it only needs about 10-15k in rehab. I offered 95 she only needs 92,000 to pay it off. So first ...
Jae Kim
Refinancing Rental Property
Hi BP fam!I’m pretty new to real estate and I’m hoping someone can help me understand the refinancing part of BRRRR. Let’s say that I buy a $700,000 house with 20% down. I rehab the property for $80,000 and rent it ou...
Parker Sanburn
The Possible Gold Mine Known As Tax Delinquent Properties
Hi everyone! Im 23 and just getting into real estate investing, and wanted to find the cheapest way to start accumulating wealth and I think I may have found it. The state of Alabama purchases the delinquent taxes fro...
Michael Costanzo
Going against the grain. Investing with low cash flow.
I am a newbie to the investing world. I have read many books on the topics, talked to many brokers, etc. My specialty is in real estate insurance so I know a little bit, but from a different angle. The holy grail that...
Mike S.
Roth 401k vs deductible 401k + conversion
I was usually using option 1, but I was recently introduced to option 2 and would like to get feedback on its caveats:Option 1:- Contribute to the Roth portion of a 401k (lets assume $50k)- Invest this $50k in a syndi...
Ryan Flake
Help with quit claim process
Hello,
A few years ago, I needed my father to co-sign on a mortgage with me to buy my first home. We decided he would just buy the house instead and I would pay in an unofficial mortgage each month. I moved out of th...
Audric Fauteux
Buying Wetlands
There is an opportunity in my state (Massachusetts) to buy a tax foreclosed property which is right on the beach. Unfortunately, it's zoned as wetlands, the only lot on the street that a marsh juts into. A little less...
Jonathan Soto
Using HELOC to become a HML
So I have quite a bit of equity in my home and was looking to get some information on becoming a HML. I am located in Miami and would like to mainly work with flippers using six month loans. Any information would be g...