If I know I'm going to have capital gains , would it be best to spend the money that's going towards tax on the gain or spend the money on capital improvements to bring up the cost basis?
This graph shows the real estate price adjusted by gold, from 1889 to 2021. As we are seeing a record increase in housing prices this year, the gold adjusted housing price actually is very low, at a historically low l...
Hi BP Fam!
I have a question regarding a prospective tenant with a move in date of June 25th, 2021. I currently have my Los Angeles unit listed on various websites and have a few people looking at the place. The pro...
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Hi everyone,
I am doing a light rehab ($3k - 5k) to a single family home I will be closing on in the next few weeks. Part of the rehab is a new garage door and I was asked the following questions:
1) Do I want to up...
What are the cons of doing a 203k loan as a first-time home buyer? It seems like a fair way to purchase a home in need of some TLC, where with the right guidance and expertise if you purchase this home at fair or low ...
Today was our scheduled semi-annual inspections of all of our rental properties. During the winter months we hire a local heating contractor that we do our business with to inspect the furnace. Every year. And, ...
I am interested in starting a discussion about what folks who have provided private loans have learned. To start it off here are my observations.
1. The borrowers are not always that smart. They will do dumb things r...
Has anyone attended the Greater Westchester Real Estate Investors Association - GWREIA meetings? I am curious to know if they are worth the time, or if someone is looking to start a new association / meeting ????
Hey guys,
I've recently came across 2 duplexes that are exactly what I'm looking for. The owner is selling at a great price. All four units are occupied and it cash flows great. The only problem is that I'm a little ...