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Hello all! :)Someone I reached out to on an off market deal told me that they couldn't sell because they bought the property as a rental in the 70s and didn't want to pay the capital gains. I'm curious if this has com...
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I live in California, and am looking to purchase my first rental property in Illinois. I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compa...
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Hello BP,
Really exited to have found this forum. I've been reading many of the posts and sure see plenty of creative ideas to make investments work.
As for my real estate experience, I've had the opportu...
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Hi
I am in the process of looking for primary resident and was thinking about getting a fixer upper. I am little nervous as I have never done this before (except for one of my rental where I had a property manager pr...
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Hi community.We are planning to sell our Co-Op Apartment in New Jersey this year, and we have a potential buyer. However, we are unsure whether we need to pay taxes on the capital gains from the sale. I would apprecia...
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I'm considering my next investment. I currently own a 3 unit apartment. For my next investment I want to go bigger. I've always planned on purchasing a bigger multifamily (20+). But now I've learned of acquisitions. I...
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Hi everyone!
I have a mobile home park in Idaho which will have an onsite property manager. Does anyone know if this individual needs to be a W2 or can I hire on a 1099? I have received mixed information regarding ...
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Hi Everyone,
I'm an investor in Oakland, CA. I'm trained as an urban planner, and I recently left the non-profit world after 15 years. I discovered BP on my maternity leave, and became totally addicted to the podcast...
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I'm curious of the current market demand for student housing and appeal to rental investors. I've owned 2 houses in College Station/Bryan (Texas A&M University) for 8 years. I'm a retired engineer and have been su...
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My cousin that I have been trying to get on BP has an interesting situation. He bought a home for himself in Lodi California but work in the Bay Area long story short he can’t deal with the commute anymore and decide ...