Jesse Carlson
Hoarder house first deal
Hey everyone! It’s been a long time since I’ve posted on the forums. I’m wrapping up my first deal to put on the market.
How I found this deal: I posted an ad on Craigslist targeting a local area for back taxes, for...
Juan Vasquez
Sold my Airbnb home and have $100k cash after sale, what now?
So I bought my home in 2018, fixed it up, rented it on a lease. Didn't go well so I decided to make it a short term rental. I've been very successful but the market has increased dramatically sine rates are at a histo...
Trevor Martin
To Flip or To Rent?
Hi all, curious to see what you think I should do with this deal:
Price: $49,000
Renovations Est: $44,000
ARV: ~$145,000
Projected Rent: $1,000/mo
What would you do with this property? Fix and hold or fix and sell? ...
Steven Torrez
401k lost opportunity VS Real Estate returns
Hello,I have a 401k with 30k in it. I can take a loan out from it for 15k for 5-10 years. The interest rate is 3.5% which gets paid back into my account. So the question is, should I take out the loan on my 401K to he...
Zachary Martin
Father willing to buy out my mortgage and I pay him. Worth doing? Pros and cons?
So the scenario I have is that I am currently in the process of refinancing. Thinking about it, I posited the question to my dad if he were to "pay/buy it off", and I were to pay him instead of the bank, he would ben...
Heather C.
Should I sell to pay off debt
Background Info: My husband and I own 1 rent house with about $35,000 equity and 6 rent houses with 2 other partners with about $50,000 (our share) equity.We have about $20,000 in debt other than our house that we ...
Jack B.
Anyone ever prefer NOT to do a 1031 exchange?
Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...
Tupu Folau
1031 Exchange or hold profits until market corrects
Hi All, I'm new to BiggerPockets and have 2 rentals. I'm selling one of those rentals this month (in the closing process) and should profit around $100K. Here are some options I'm considering and would love and apprec...
Ben Gonzalez
Dealer Status and Installment Sales
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
Rick Baggenstoss
Tax Deed in Atlanta question
I'm looking into purchasing a Tax Deed(s) in metro Atlanta, Georgia. Tuesday I'll go to bid on a couple of them. My questions are:- When a property is in pre-foreclosure, would you expect the bank to redeem? Early ...