Matt Carozza
Capital gains tax based on income?
I bought a condo in 2015 and lived in it for less than two years and then rented it out for a couple years. This was all before I found BP and knew anything about real estate investing. Once I joined the community and...
Caleb Heimsoth
Impact of new tax bill (Forbes article)
Here a good article by Forbes that breaks down a lot of the new stuff in the tax bill.
It clearly mentions real estate at least twice. The author argues that those who sell real estate could be adversely affected ...
Ethen Weaver
Your Morning Routine - What & Why?
Good morning BP-enthusiasts! I think most of us can agree that having a consistent routine everyday could be one of the most beneficial aspect of our day. If we can start our day off on the right foot, and starting wi...
Account Closed
What types of Apartment Complexes Weathered the Great Recession ?
So maybe this comes off as a novice question but I'm wondering if certain types of investment properties did better during the last housing crash than others.Let's say that another great recession happens, how would y...
Hoi L.
How to tell seller I cannot work with/rely on her listing agent?
Background:
Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market). Listed for sale outside Philadelphia suburbs for $325k (with rent ro...
Michael J Scanlon
Can i Wholesale on the MLS
I have a seller who is refusing to do anything except FSBO. He’s offering it at a very low price (mother passed and he doesn’t have the money to rehab it) and there seems to be a large margin there.As a Realtor, if I ...
Jon Fletcher
Broker Commission on Your Own Purchase
Question for all the licensed brokers and salespeople: Have you used your license to buy investment property for yourself? And has the Seller's Agent split their commission with you? It seems like a great way to make ...
Samantha Springs
Selling Rental to Pay off Crazy Student Loan
Hi BP Fam! I am considering selling my duplex to pay off my insane student loans and would love to hear from the BP brain trust.
My student loans are $355K total with a 7.5% interest rate. Once repayment starts in Oc...
Olivia Armstrong
Anyone in Southern Louisiana? Need some help/advice please!
Hey everyone! I'm new to real estate and BP :) My fiance and I just moved to the Covington area as he got stationed in New Orleans with the military. Our goal is to invest in real estate, and build a portfolio which a...
Julie George
New clause in 2023 Chicago lease
Hi all - I've been using the standard Chicago Realtors Association lease for years and noticed they added a new section in 2023 to the bottom of the first page that now says you need to be a member of CAR or that the ...