Robert Niosi
new member from New York
Hi community, looking forward to interacting with you all and absorbing the great info around here.I'm new to real estate looking to add to my portfolio. Hoping to start with wholesaling and transition into more long-...
Michael Kazalas
Fractional Real Estate Investing -- What say you?
Hey BP Community!I’ve been involved in real estate investing for a while but lately I’ve been bullish on fractional real estate investing. For those unfamiliar, it’s where multiple investors co-own a property, outsour...
Lindsey Clark
What would be your exit strategy be on this fourplex?
Hi BP! Newbie here. I am in contract for a fourplex. I am purchasing it for $250,000. It is located in an area where property values have continued to increase annually. I would like to fix up units as they become vac...
Tom Beck
1031 Question Regarding Taxes
Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
Brooks Gagnon
Take Profits or Keep Holding?
Hey everyone. Looking for some opinions. I have 2 duplexes and a 4 family. Owned them for 7-12 years, all cash flowing really well, and have 3-4x equity in each. I'm trying to decide if I should sell some/all/none. My...
Nick Burkhardt
Stalled on buying my 3rd Property - How to push past?
Hi BP crew! So excited to reach out today. Hopeful that I can get some advise to help me keep pushing forward in my REI journey! I purchased my first 3 unit FHA in APR 2018, and then my second property, a 5% down dupl...
Mikey Liu
Cost segregation and how to keep rental losses in future years
Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...
Phyllis Kelly
What's Our Next Big Move?
Hello, looking for some advice on our next real estate move!
We house hacked our first property, a duplex, back in October 2021. We bought was was then a 2/1, 1/1 for $200,000 at an amazing 2.6%. We since remodeled t...
Richard A.
How do property manage companies, manage to scale /profit?
I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
David Leal
Buying a duplex in Los Angeles
Hello everyone, My question is in reference to buying my first duplex. I have a friend who owns 2 duplexes in Los Angeles and one single family dwelling in Texas. He is quite motivated in getting rid of these propert...