My mom bought a condo for 150,000 over 10 years ago. Probably worth 190 today. She has rented it out for several years and now wants to give it to me. Shes figuring she will have to pay about 30,000 in capital gains t...
The goal of every real estate investor is to buy prime real estate where money gains will be easier and rental returns almost guaranteed. But, as with any investment, the danger of loss is real and timing is everythin...
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
Help BiggerPockets! I am in desperate need of some help and advice to steer me in the right direction. I jumped out there and bought a house that was supposed to be a rental property but when we looked at the area...
I own a few rental properties here locally by I’m thinking of buying some more in another state. My question is what are some of the mistakes that newbies make when investing out of states?
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Hello everyone,I've been deliberating whether to purchase a vacation home, with the intention to run it as a short term rental preferably within 2-5 hours from Los Angeles where I live. I can not identify a vacation ...
Hi all! So I have a tenant living in a single family house. Apparently there is a terrible sewage back up in the basement and it's going to cost $4k to remedy. She never reported it to me or my management company but ...
I've wanted to get into real estate for years. However my actual research of the nitty gritty details of investing have just begun. Finally the stars (or should I say $) are aligning and it's now a real option for my ...
Hello BP! I just passed the board exam to become a licensed Real Estate agent in Florida. Specifically in South Florida. My plan is to find a good 100% commission brokerage to hang my license with. The reason I was lo...