Tyler M.
Sell or continue to rent?? Texas rental property
Hi,I'm having a hard time deciding if I should sell or continue to rent out a home in Texas. Option 1: sell the house now and put it in cash currently 4.8% while waiting for an opportunity to buy in Washington StateOp...
James Propeck
Sounds good, but can I make a dime with a manufactured home?
Here's the situation: a manufactured home in a park across the street from the development where my home is located burned several months ago. It has been sitting vacant, with the windows boarded up, ever since. The h...
Account Closed
Latest New Construction Spec Development Deal in Charlotte, NC
This was an abandoned house listed on the MLS for 400,000 in Charlotte, North Carolina. After watching it sit on the market for months and months, I put in an offer and was able to purchase for 287,500. Being a corn...
Kenji Otokawa
Our first investment property bought back in 2011
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $135,000
Cash invested: $35,000
Sale price: $315,000
The first home I ever purchased. My buddy and I had been c...
Christina Curl
How to purchase property without hard money or banks
I have a problem. I have student loans around 150k. Because of my current reported income, my monthly payment on the loan is zero and will continue as such. There is a rule with any government loan that says 1% of...
Brianne Williams
Des Moines Area House Flipping
Hello experts. I am a newbie to Bigger Pockets and am excited to begin a journey into Real Estate. My husband and I were approached by our business partner to consider flipping a single family home. We are in the begi...
Sam Edgin
1031 exchange commercial property.
1031 exchange help needed.. So everything I read about 1031 exchange is the same general information. My question is in particular to multi family real estate. If i were to purchase a 50 unit trailer park, does the ru...
Miranda Wikert
New to 1031.... Help!!
Hello... We own a rental home in CA. We owe around $300k and the home is being listed for $550k. We intend to reinvest our profit from the sale into another rental property. My questions are:1. Do we have to reinvest ...
Josh Duncan
New Investor here looking to make his start
Hello, I am a beginner here and looking to start my real estate business journey. I have a property I would like to purchase and now looking how to best finance this. I have some money set aside for down payment etc...
Ed L.
Help a Simpleton!
For Example:
Purchase a $50,000 home spend $20,000 in rehab. Sell for $100,000
That results in a net gain of $30,000 of taxable income.
Would I be able to perform a 1031 exchange and buy a $30,000 rental home fre...