I was hoping I might be able to get some thoughts from the community around a potential real estate investment I’m considering making. Here is the general scenario: Establishing a multi-member LLC in which my spouse a...
Hi I am looking at buying my first condo in Orlando, FL and the analysis I have done so far gives me a 17% Cash on Cash ROI. I am curious about insurance, does a condo HOA cover roof and outer walls? I called to get a...
Hi BP. I need some input on this deal and anything I might be overlooking. Looking at a 3 unit. 2/1, 1/1.5 and a studio. I do not like the bedroom numbers, but still am interested. All units have separate utiliti...
new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K. We did a 1031, purchasing tw...
I have one rental property in California and would like to do a 1031 exchange in the near future to co-buy 2 homes with my two children. For example, suppose I sold my house for $500k and put $250k as a down payment w...
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Hi BP community, I am planning on selling my duplex in Nashville Tn at the end of this year and have a few questions regarding 1031 exchanges. Most of my googling has pointed me to Bigger Pockets, so I figured I'd jus...
Here is my current situation. Currently live in and own a SFH w/ 2.5% rate. Building a new house that will be done around Nov '23 - Jan'24 and will be my new primary home. Expecting $80k-$100K income tax bill on my ac...
Hello all,I am reviewing a list of properties for an upcoming tax lien auction in my Texas county, and I have some questions about how to evaluate the properties.1. How do I know if there are secondary liens or anythi...
House is 3/2/2 in a high demand school district. Ive got it under contract and have started the owners doing short sale paperwork
needs minor repairs including fence and sprinkler system, carpet and paint.
Seller on...