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I wanted to confirm my understanding on 1031 exchanges. Sale Price $350,000Cost basis $150,000Equity $200,000Now I only need to reinvest my $200,000 equity. Correct?Buy $200,0000+ propertyPut $50,000 down, finance $15...
Hello,
I am having some issues on whether or not to follow through with a purchase I have set up and would love some feedback. A lot of my worry comes from the current economic situation in the country and where hous...
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I have a program that allows high-equity property owners to sell a fraction of their properties' eventual sale price to buyers, simulating the sale of home equity. After quite a bit of work, I've got the investor side...
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First time deal seeker here, looking for BRRRR options in the Washington DC area. For my first deal I’m looking for a single family home needing cosmetic rehab. Because home prices are high this area I won’t be able...
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Just got into contract on my first buy and hold out in Sacramento, CA and inspections showed some of the house was still on Knob and Tube wiring. It looks like the house would be fine without touching it, but since I'...
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Good Evening ALCON,County has brought up to attention a water issue at one of our properties. My partner and I took possession of the property late October 2020 and water utility company just went up today (JAN 6, 202...
Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
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Hello All,I live in the Houston area and own a company called Galveston Co. Rentals. I have been buying homes since 2008. I have purchased over 25 but sold some along the way. Right now I am sitting on 20 paid off ...
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Hey all - After talking to several people on BP and considering my future in real estate investing I decided to take a leap of faith, and today I'm completing the 60-hour prerequisite course to obtain my real estate l...
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Looking for longer term 5 to 10 years at-least.Property I am looking should be self sustainable with positive cashflow and good chance of appreciation.I am advised to look into Atlanta and Charlotte but open for other...