I'm already investing successfully with positive cash flow in Real Estate with no vacancy rate in all my properties, but I have a concern, people are leaving this island (Puerto Rico, the Detroit of the Caribbean) ...
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Does anyone understand the rules of a 1031 exchange?
Is it true the acquired property's purchase price must be higher than the net sales of the exchanged property?
If a property swap occurs of different...
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Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...
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Hi,I'm currently investing with a friend who has the property under their name. We are looking to avoid as much tax as possible as we are planning to flip. From what I gather is that incorporating allows us to pay les...
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Hey all! Hopefully everyone is well!Just curious to those out there who are investing for long term holds in extremely high priced cities like Boston, San Fran, New York, etc..Seems like the numbers are so hard to ca...
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So Rochester, NY colleagues with property within the city . . . what are your thoughts on the recent news that the Mayor expectes owners/landlords the responsibility party for removing snow on sidewalks, regardless of...
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Hi all,I am working through the details of my first potential buy and hold opportunity, and I would love feedback from the BP community on both the analysis of the deal as well as creative financing options, if availa...
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Hey All, I am new to the BP. I am looking for some recommendations on software that can be used to track multiple owner finance deals. I have looked around on the web and not been real impressed with what I have see...
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It seems the general ladder that people here work on is:
wholesale/other job/realtor to
rehabber to
low end single family to
nice single family/multi family/commercial.
This all ends at buy and hold.
Is there...
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Hello everyone,
I’m considering investing in a short-term rental property in Gulf Shores, Alabama and wanted to reach out to the community here for some insights and feedback on the market. I’ve done some initial r...