Using basic numbers, assuming I sell a property for $10M and after cost basis is accounted for and mortgage is paid off, I have a net taxable gain to me of $3M.I'd like to purchase a rental lake house property for $1M...

Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...

Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...

Does anyone here use Buildium for property management and Quickbooks for accounting?  I'm looking to see what everyones workflows are for each month.  I like both products and they both have there place in our busines...

I am confused as to how to calculate my returns year after year. I understand that you divide your net profit for the year into the total amount invested. If I buy $100,000 rental, for cash, and net $5000 for the year...

Hi guys,
I am from Germany. In the process of committing to my first deal. It's an owner financing/ rent to own.
Situation:
The owner is separating from his wife and hence wants to sell his home. They bought the home ...

You can read all the blogs and listen to all the podcasts but, until the rubber meets the road you'll never have all those theories tested.  That's where I am now and I have no clue what to do.  I think I'm stuck in a...

Does a buyer have the right to know the terms of competing offers when an escalation clause was part of the offer?
Specifically in Maryland
Thank you in advance!

I get the concept of finding rental property, getting a mortgage, and renting it out obtaining positive cash flow while soaking up the equity. However, is there a limit to the number of mortgages one can receive? Will...

I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...