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Hi All,11/07 was the first time we were at auction physically, though we had bid on few properties in the past online . Was wondering what is the best way to get the list of all properties that are going to be auction...
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If I'm looking to buy and hold a property as a rental for a few months with my wife and then choose to do a 1031 exchange for either another property or multiple, is this a good plan?
Also we own a house currently a...
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Hello BP Community, I'm looking for CPA advice on what's the best company to form with multiple partners, and how to defer taxes to the company instead of individually. The focus of the company will be Fix and Flip an...
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Just moved to Dallas. TX and interested in buying off-market properties. Is anyone able to clarify the process once I have an address? Below is my attempt at a procedure, and would really appreciate any corrections!1)...
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Hello All, I am new here and I am about to buy my first multiunit rental in Kansas city, I will appreciate if there is anyone I can talk to before making this deal because it is out state.Your help and assistance will...
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I’ve left an employer after 9 years and have $100,000+ in retirement sitting in a 401K. I’m undecided on what to do with it. Move it to IRA. Roll it over to new employer. Cash it out, pay the penalty, and buy more rea...
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We've tried multiple different ways to say "What is the lowest you will take for the house?" and the seller keeps telling us to make him an offer. Without trying to offend the seller or go way over what he was origina...
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I'm wondering on what my next move can be. I'm wanting to scale my "business" into more properties or multifamily properties. I'm going to give you my situation, and let's see if anyone has any wisdom on this.
So, I...
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Hello, my name is Mason Carter and I am currently a sophomore at the University of Georgia. Real estate investing has always been one of my biggest interests growing up as a kid. To get to the point, I would like to a...
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Does the 1% rule get calculated from a home’s pre-rehab price or should it be 1% of the total (purchase price + rehab costs)?Ex. 1. I buy a house for $60k. Rent would be $800. That works.Ex. 2. I buy a house for $75k ...