I am looking at buying my first investment which is a duplex. I am planning on living on the one side and renting out the other side along with trying to get someone to live with me to cut down on costs and try to liv...
Investment Info:
Single-family residence buy & hold investment in Brooklyn.
Purchase price: $65,000
Cash invested: $7,300
SFR with a tenant in place ~30% below market. Purchase price of $65k, app...
Hi Everyone, I’m confused about capital gains taxes on the sale of my rental property. First a little background: I bought a condo in Florida in 2008 for $200k I lived in it as my primary home until 2013 at which poi...
I would like to develop a property management company in Florida and I would like to start making deals with family and related friends so they can invest and I can manage their properties. Reading i found i need to h...
The fireplace backs up; smoke enters the townhome (rented out) & has since caused smoke stains in the corner ceilings.
I met the chimney contractor inspected this morning. No blockage. Says it's a draft issue. Su...
Super off-topic but something I have been wondering about for a long time. It seems like a lot of younger people don't have cable and many don't have land lines. My deal through Verizon has a land line, internet and c...
Hello everyone! I've been on BP now for about a month, reading blogs and posts. I thought it was about time to introduce myself. I am new to RE investing and working at cutting my teeth at wholesaling and Lease Purcha...
Hello,
I'd like to pick the brains of some seasoned investors who are familiar with lease/purchase options.
I have a lead for a lease purchase option but I'm not quite sure how to structure it so it will benefit...
house sells for 15k. after closing and assuming some back taxes you are in 18k before you pick up tools. throw another 10k into the guts and you are now in to the property for 28k. maybe some cosmetics at 2k wit...
Is anyone doing "wholetail" deals or lipstick rehabs? I have a deal that I locked up for a wholesale deal that could net me about $5-6k (i've done about a dozen of these). After reviewing some of the houses that...