Corey Dutton
What Will Happen in Real Estate After the U.S. Presidential Elections?
This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on t...
Marquise Crampton
Purchasing using credit cards
I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has ...
Jeff S.
Ductless Heat Pumps for rentals and personal residence?
Just starting to research ductless heat pumps and wanting to get BP's take on what kind is best and some feedback. The properties are for: 1) 650 sf upstairs unit in a duplex; 2) 1650 sf ranch style (one level) and 3)...
Celia Moore
Biden's Proposes $500,000 Cap on Section 1031 Like-Kind Exchanges
The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
Jason Flint
Opportunity to buy 5 single family home rentals....Good deal?
I just recently joined BP and the information/advice I have seen so far is always very solid, so I thought I would ask your opinions on a opportunity my wife and I have. We currently own 5 single family rentals in th...
Michele Fischer
Applicant with no SSN
Need some advice, please.We have a lot of Hispanic families in my rental neighborhood, but they rarely apply for our units (not sure why, except some Craigslist ads do advertise that they speak Spanish), so I don't ha...
Julie Macd
How do you manage your maintenance reserves
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Josh M.
Rental Property Tax Strategies - First Time Filling
I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
Will B.
Miami Gardens - Lessons Learned on single family Flip
A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...
Luke Crouterfield
How do I start with 220K?
Hello,
I'm looking to purchase my first rental. I have 220K to do it. Of course I could purchase a flipper with this cash and start from there. However, I'm not sure this is the best strategy to eventually be able t...