Hi,this is Jie. I'm a new member to BiggerPockets. Right now I'm doing a 1031 exchange that I need to buy a replacement property for $45k or more. I plan to buy in the price range of $45k-$65k for a turnkey property s...
In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...
I have a friend that had someone else managing their money. Several mortgage payments were missed. I guess the bank had someone drive by the house and saw that it’s in terrible shape. They determined that it would ...
What happens if you put a house under contract but don't get it sold in the agreed upon time frame? This question is for my Missouri folks.
Newbie to this forum and hoping to get some insight from all of you experts!I have a rental property in Dublin/Pleasanton area and am wondering if I should sell and 1031 exchange it to a property in a more prime are...
Hi BP,
I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example. I'm leaving out deductions for closing costs, maintenance, repairs etc.
Say I buy a hou...
Hello Everyone, I bought my first property (3 family) 10 months ago and I'm ready to go again. I went to several GURU workshops, even purchased a "counsel" package for $25K (yes $25 thousand) that fed the best dreams ...
Hi BP community,
I FINALLY finished house hacking a duplex in San Antonio! We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.
Here's a...
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
I did try to search for this, but maybe didn't use the best terms, so I apologize if this has been hashed out a few times.
I've listened to a podcast (real estate guys) and read some on BP about purchasing Bank Not...