I'm trying to better understand how CG works.example:I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to ...
I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...
Hello BP members! My husband and I are looking for our 1st buy and hold investment! There is an opportunity in a town about an hour away from us. I'd be interested in your thoughts about this: -Listing price $125k (c...
Hello everyone,Looking for a GC or remodeling company to help me get my townhome rent ready.Looking to redo the storm door frames, pain shutters, clean sidings, re-surface the wooden stairs, and remodel 1 master bathr...
Hello. I am new to real estate investing. My wife and I bought a home in Las Vegas 6 years back and the house sold for more than double what we owed. We figured we wanted to invest the capital instead of blowing it on...
Hello BP,I know everyone here has strong opinions on Zillow. But I know 3 People who bought a house in the last few years, all three of them found their agents on Zillow. I have heard a lot of people, on this forum an...
I have primarily been involved in mostly cash transactions, as well as a good amount of hard money closings. Can you sell your rehabbed property to buy more distressed property using 1031?I have recently been in a wor...
Hello all!My name is Mike and have been “lurking” around Bigger Pockets for about a month now. In listening to the podcasts, I figured it was time to stop lurking, and time to jump in and say hello and introduce myse...
Hi,We are a couple with no kids and single income in the Bay area. We moved here 4 years ago and still renting.We have saved upto 260K in cash and have liquid stocks upto 500k. I was checking for some feedback on area...
Hey everyone! I am a total newbie at real estate investing. I've purchased 1 house, the house I live in. I have, however, a somewhat close relationship with the landlord I've rented from for the 8 years previous to bu...