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Help ! To become licensed or not ?
After doing some reading on this forum and others I'm now on the fence as far as getting my real estate license. The arguments that most people seem to make is that as an invester there is far too much liability in b...
Jonathan Justiniano
Selling my single family
Hi guys
My names Jonathan and my wife and I live in the expensive Massachusetts market. My wife and I bought a single family foreclosure a little over 2 years ago., in which we have over 100k in equity. We want to b...
Chris Pasternak
First Flip Analysis
What do you guys think? This is my first go at analyzing a flip. Overall, I like to be on the conservative side. A bit about the house: 2 bed 1 bath, half duplex, 830 sqft. Right now it's listed at 25.9k with ...
Dare Lamberson
Need advice with financing
Hello BP, I'm new to these forums and could use some advice. I own some land with a mobile outside of Austin that has about 75k in equity. My wife and I are wanting to get started in REI by buying a house (single or m...
John Brinkos
Apartment to condo conversion
Is there anyone in the Hampton Roads (Norfolk/Portsmouth/ Virginia Beach area of Virginia) area that is enjoying success converting small multi's (4-8) or small apartments into lower density condo's? I am interested ...
Cee Jay
1031 Exchange or 121 Exclusion Out of Duplex?
Hello BP,I am doing my due diligence and researching to buy a duplex and house hack.Specifically, it would be a Single Family Home with a detached Granny Flat, purchased with an FHA Loan.My plan is to live in one of t...
Brian Adams
1031 Exchange - $400k
I buy 100 to 400 unit apartment buildings and I have an investor that owns an apartment building who is 67 years old. She has owned and managed the property for years. With her age she is wanting to sell the property ...
Jackson Ebersole
Just Starting Out in Mortgage Brokering - Advice you wish you got when you started
Hi Everyone!It's nice to e-meet you and I hope this message finds you well. I'm reaching out to seek advice and guidance as I embark on my journey into the world of private lending. My partner and I just started, crea...
Tyler Prosser
Combining Section 121 and 1031
Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
Alexander P.
Excited to join the community
Hello everyone!
We’ve owned a multifamily house in Rochester, NY since 2013 and have been managing it ourselves. We're considering selling the property due to challenges of long-distance management.
We're still inte...