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Hey all- Once I wrap up a couple major projects in my current live-in flip I'll be in the market to buy a second rental property in Philly. I plan on tapping into my 50k HELOC for the down payment, although I would pr...
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My father passed recently and we inherited his house. The house is 3200 sq ft, 4 /2 that needs a medium reno ( new paint, flooring, bathroom vanities, and kitchen cabinets). My question is should we sell the house "as...
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I am in the middle of closing on my first piece of real estate ever! It is a duplex which I got for $140k. One side is rented out for $750 a month (a little under market value) the other side me and my wife will be mo...
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Hi all,
Do anyone know if there's tax incentive when it comes to renting out your primary resident? We lived in for 3 years and already done all the remodeling. Now we need to upgrade to bigger house due to growing f...
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Hi BP!Curious of y’all’s thoughts…. If an agent brings you a fix and flip pocket listing to buy, should it also be expected that they are the ones to sell if for you after rehab? Thanks!
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Got a property that is in great condition upstairs, even has some new appliances, but they never winterized the house and some pipes in the basement busted. Water is at about 1/2 inch when I checked it out, saw water ...
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Ok BP Community, I am brand new to the world of Real Estate Investing
(and I need some advice). I recently
became aware of a house near my work that MIGHT be acquired at a significant
discount. I have seen the i...
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Just bought my first investment single family in Mass. It's a 1600 sq ft single family built in 1900. It has a steam boiler fueled by oil. Big radiators around the house so ideally I'd like to get rid of those, but...
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I hear a TON about how 1031 exchanges are a great way to defer taxes + grow your portfolio faster. I've never done a 1031, but understand the logic and benefit behind them. I also understand some of the restrictions a...
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Hi,I have inherited a 50% share of a gas station worth 2m. in Philly.Does anyone have any ideas how I could use that to obtain financing for my buy and hold business.ThanksBart