Maher Bateh
Capital gains TAX
I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
Tom Voigt
In a challenging situation & unsure how to proceed with REI
Hi BiggerPockets forum!
I’m currently in a bit of a challenging situation and am having doubts about real estate investing in general. I’d like to get advice from folks on here to get some expert opinions on how to ...
Arnie Guida
Seller, "We Don't Have The Security Deposits."
I have an accepted offer on a 4plex, it's a short sale. In the offer it states that I get the security deposits for all rented apartments. The building is full, and it's $2,525.
I don't know, the seller...
Pari Thiagasundaram
How to track a performing notes tax lien
I purchased a performing note and it looks like the borrower has not paid the property taxes in 2.5 years. How do i track this property before it hits the tax sales? Is that automatically tracked by the servicer ?
Mel McLeod
Home Equity Conversion Mortgage (HECM) - HECM for Purchase - Senior Market
The HECM is for the senior market, age 62+. I am an agent with a very large carrier (think about Marlin Perkins from Wild Kingdom :) and this FHA insured loan is the only loan for which I originate. Many seniors, 62...
Aahil B.
Any Private/Hard Money Lenders For Auction Houses
Hi everyone,I was wondering if anyone can recommend any private lenders/hard money lenders for any properties sold through judicial courts, auction sites, etc. I wanted to look for a multi-unit if possible, but before...
Moritz Bartels
I need help with analyzing deal in Lakewood
Hi guys, this is my first time posting on the forum. I need some help with this deal I found on the MLS, please. All pro forma numbers. 26 door apartment complex in Lakewood, WA. Class C at best. For sale at $1,500,00...
David Lou
Property loss, claims, and contractor questions (first post)
Hi all,This is my first post on BP! I’m still new and only recently discovered and listen to the podcast and find the wealth of information on here very valuable. I realize my questions below are going to cover a wide...
Tyler Perleberg
Water Damage and How to Proceed?
I am a landlord of a condo in a high rise. I have been getting so much conflicting information from people from all over on how to proceed.
I use a standard Minnesota Residential Rental Lease Agreement.
...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...