Account Closed
Terminal Illness and Liquidating assets, Tax breaks?
Hi everyone,This is sort of an odd topic (and I’m not even sure this is even a possibility) but I have been conversing with an older gentleman who is terminally ill and believes he has 5-10 years left. He has 6 duplex...
David Levin
Would you sell your primary home to invest in Multifamily?
Hi All. Current situation. Renting out what was primary home with net returns of $793/mo. If refinanced, those net returns will become $1122/mo. Currently living in rental which is over 1.9K less than mortgage, includ...
Chris Brown
Thinking about Leaving California
Hi all, This is my 1st post on BP! Im looking into selling our primary residence a Single Family home in San Diego CA. My goal is to sell our home and defer taxes using 1031 exchange or section 121 ( I'm not sure whic...
Account Closed
Self Storage for Metrics
Self storage after rehab target metrics (IRR, CoC, Equity Multiple, Cap Rate)?
Steve Barrett
Newbie-Good or Bad Time?
I’m new here and to the R/E game. But, I’m watching, reading and learning. I plan on buying my first in about a year.But, I am concerned about the quickly rising costs of homes and building costs and the lag of income...
Collin Lee Johnson
Over Rehabbing a Property
Hey everyone, new to the area relatively, and this space as well and was wondering what thoughts you all had when it comes to rehabbing older properties. In my market many of the properties are pre war construction wi...
Victoria Kowalski
In contract - tenant on disability
A few weeks away from closing on a multi family house and I have a few questions:My agent told me they are doing a virtual appraisal.. Is this good or bad?Just found out the tenant is on disability. Her mother also ju...
Ron Smith
Evicting a tenant
HiI filed for a writ of possession to evict the tenant two days back and am waiting for the sheriff to call me to schedule the eviction. I received an email from the tenant few days back that he will not be in the cou...
Robert Czekalinski
Pay off current home mortgage or use equity for new home?
Hello, I need some advice from "smart" money people on what to do in my situation... It's a good option that I have I just want to do the right thing.. I am currently 34 yr old live in Fort Myers FL and bought a house...
Justin D Schwartz
Credit Problems?
Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to ...