Ron Todd
Mortgage #5 and beyond
Hi BP,I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP. For example, ...
Mitch Franklin
What Insurance to get for your LLC when Performing Flips...
Aloha BP community!
I’m curious to hear everyone’s mindset regarding obtaining insurance for your fix and flip LLC and coverage levels.
I’m on Oahu and planning on handling some of the rehab work myself while contr...
Evan Scott
Capital Gains Taxes
I bought a 3 flat in December of 2012. I have lived in it since that date. I am looking to sell my place at a profit of ~$150,000. I technically will have had it as my primary residence in 2013 & 2014, but it h...
Sean Ryther
Would someone double check my numbers on this property for me?
BP community,I'm looking at getting into my first rental property and have a duplex I'm looking at and ran the numbers and wanted to get another set of eyes on the deal.The information is on the below linkPrice - 195K...
Jose Castillo
Favorite List Type and Why?
1. Hey BP, if you had to chose one and only one list to market to for motivated sellers for the rest of your lives, which list would you choose to stick with??
2. Why?
Account Closed
Unbrella Policy needed
Neither of the two insurance companies I use for my rental properties offer a Unbrella policy. State Farm and Erie.Any suggestion s if you have over the 4 property limit.Thanks
Bhanu P.
Capital Gains on Sale of Primary residence converted to Rental
Please help me understand the Capital Gain implication on tax liability for the following scenario.Purchase Date: Aug 2012 (Bought as Primary residence)Lived There: Aug 2012- Sep 2014 (24 months)Rental period: Sep 201...
Gerald Marshall
Capital Gains Question.
We are selling a property that still in my wife's former married name, and looking to turn around and reinvest it in a new piece of property under an LLC. Is there a way to get around the "same name" rule of the 1031...
Babek Sandhar
Help deciding whether this foundation is a minor fix or not
Hey fellow big pocket members,
First time home buyer here. I’m really excited about buying my first house in the Sparks/Reno, Nevada Area. I feel I may have come across a house I really like.
However, long story sh...
Thomas Lam
Is a 1031 exchange right for me?
A few years ago I purchased an investment property in another state. Although not listed for sale, I recently received an unexpected offer which was enough to motivate me to sell.Now that the contract is about to be s...