Is ARV on a multifamily home based solely on its ability to produce rental income? If not, what other factors exist? I am asking because I am looking at a small multi family deal. It is a quad with plenty of deferred ...
Would it be ok for me to use sites like Redfin,trulia, realtor.com to do comps on a property I’m looking into purchasing?
Hi all - Throughout my real estate investing career (~1 month) I've sent out approximately 400 yellow letters and and have done a ton of craigslist advertising. Thus far, however (keep in mind that I've just recently ...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. I reached out to my accountant reg...
HI, I have 8 investment properties which are mixed with cash flow and appreciation markets. I just sold one of the home in appreciating market with 1031 exchange. debate whether i go with 3 or more SFH homes worth of...
Hey BP Community,
I'm looking for some advice on a situation I'm currently in. I recently purchased a 3B,1B fixer upper towards the end of July, 2023 in Columbus, OH and the renovations are almost complete as of toda...
Hello Everyone,
I have kind of a sticky situation. My wife and I have jointly owned our primary residence (let's call this property A) since 1996 and have built quite a bit of equity in it. We recently decided to p...
So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
I've already lined up a property to purchase in 2025 for roughly $450,000. I am a full time real estate professional and my spouse as a state employee W2 paid job. I plan to keep this property for the long run and am ...