I’m new to the investment game and I would like to start out with a residential FHA loan to put little down on a plex, but I would like to establish an llc within the following year for tax benefits and liability purp...
I live in a small resort town with a massive income disparity. It has mostly been unknown but is now flooding with people with a ton of money buying houses. There are a bunch of really old, rundown houses tucked betwe...
Say I bought a home for 115k, and 4 years later, it's worth 160k, and I want to sell. How much would the govt tax me for capital gains? I Live in Illinois; if that helps, not sure if it matters what state you're in...
I currently own four sf properties 3 are rented and 1 needs repairs before renting like many on here I'm sure, I have been receiving phone calls and messages wanting to buy them which always ignore but now wondering w...
Why would an investor want to sell their multi units? Either something is wrong with the house or they don't like being landlords anymore...
Investor in her mid 70's has a rental house. It's been a rental for 10 years and she's never lived in it. Her basis is $170K and its market value is $300K. She does not want to invest in more real estate. She wants to...
Hi All,I am new to commercial RE and have been involved in residential for a while. I am trying to understand the pros and cons of commercial vs residential. I am evaluating a few speciality properties that have absol...
It's a long shot at this point, but I currently own a 4-unit bldg here in San Diego, and am working on a possible 1031 exchange into a 14-unit building also here in San Diego.Aside from the obvious differences in scal...
The BRRRR method of investing sounds great and I've been doing research on it to understand as much as I can about it. The one thing that keeps confusing me and makes me think its nearly impossible is the 3rd R, Refin...
2 years ago purchased 2BR/2BA condo in 4-star building to live in; one year ago acquired two additional condos same building through 1031 tax exchange that break even on cash flow but lots of gain embedded in each fro...