Account Closed
When to use contractor?
Hi BP members just a newbie needing a little insight....
I have heard to make many offers and not visit until one is accepted but how can I estimate costs without walking through with a contractor? We are leaning tow...
Suzie LaCombe
Abandoned Properties
I live in Poughkeepsie NY, where there is a bunch of abandoned properties. How can I determine the potential properties from the useless ones?
Mike Miller
Option-to-buy contingent on performance..
Hi all, Something I’ve been wondering about..So you have a tenant-buyer in your investment property. Both parties have signed separate agreements: a pure lease and a pure option. How do you void their option if you ne...
Mike A.
How are people buying investments with low yields?
Maybe I am missing something, but I am not understanding how people are buying properties yielding < 4,5,6 percent gross. What am I missing here? If a mortgage is around 5%, then add taxes and other fees, how do pe...
Erika C.
Question About Capital Gains
Hi Everyone,Does anyone know if you still get taxed on capital gains if you do a 1031 exchange and you only put some of your sale profit into a new property?For example - you make a total profit of $545,000 before cap...
Rob Roy
Adding a Closing Costs Clause - Thoughts??
In my recent search to buy a new primary residence in an out-of-state market, I wanted to apply what I think to be a great addition to the offer contract. I heard it from Keith Weinhold on his Get Rich Education Podc...
Kevin Likens
Idea for seller financing via sort-term partnership
Hello - this is my first post!
I’ve been living (and renting) in San Francisco for the past 25 years. I’m currently in a 4-unit multi-family building, and I was recently notified by the property manager that the land...
Chris Czernisz
Should we rent or sell our free and clear property?
Hello BiggerPockets, We are looking for some advice. We have two properties. One of them has a mortgage and our intention is to rent/Airbnb this property. The other one is free and clear (no mortgage or other liens on...
Ryan Boltman
Moving on UP to Multi Family
Peeps, hope all is well and you are all snapping necks and cashing checks. I have closed and found a tenant on my new Calera, AL property, so far so good.... I am looking next to buy a duplex, triplex for fourplex. Bi...
Account Closed
Seperate bank accounts
About to embark on my first REI. Do you guys recommend I open separate bank accounts for each property? I'm planning to buy two in the next 6-9 months. Also, how do you handle rent payments. I've read a lot of blogs a...