Clay Couvillon
Capital Gains into another Property
Hello BP family, my very first post and interaction on here. I hope this works, this is actually for my brother, he is looking to sell a rental property and wants to avoid paying capital gains. Does he have to use t...
Samuel Kowalsky
Depreciating furniture that came with rental property
Hey all !So I am getting ready to close on a property that I will be purchasing furnished (washing machine, fridge, couch, etc.). I am curious as to how to go about depreciating these items, since they are not exactly...
Tristan Thomas
Property value & offer price calculations
Hey Bigger Pockets!I am currently reading through the ABC's of real estate investing by Ken McElroy and have run into an issue regarding offer price. In McElroy's book he says to determine the property value and offer...
Sean Herndon
self directed 401K, newbie question
Hi, I am trying to think through how I might use a self-directed 401K. My wife and I are newbies, so please bear with me.If I understand, a participant can defer up to 18K to a self directed, and a corporation can de...
Aron Rodriguez
My Forever and Ever Home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $565,000
Cash invested: $25,000
House Hack! VA home loan on 2.25% with 0% down. 25k on kitchen, dining room, and ...
Mary Eubanks
Changes in Purchase Contract for Texas eff 2/1/23
The Texas real estate contract is changing the verbiage for what is considered a 'cash' offer, eliminating borrowing of any kind (hard money lenders, private money, etc.). So basically, if you aren't going to use your...
Craig T.
How do you think about your return?
How do you think about the returns on your investments and what are your targets?I look at my returns on this basis:1. Cash on cash return. This is well-understood by most. I look at after-tax cash flow for a given y...
Michael Salin
Multi family property help in Southeastern PA
What are the best areas in Southeastern PA to begin purchasing multi family properties? I see many members from Southeastern PA (Montgomery, Bucks, Delaware Counties) and wondering if any of these counties surpass Ph...
Delatour Zimmer
Have a better fix/flip formula?
Does anyone have a proven formula for figuring net profit from a flip? I have been quoted 68% of ARV, minus rehab costs, for max purchase, but net profit seems over inflated and does not seem to include enough holding...
Robert E lunt
My first BRRRR using hard money
Investment Info:
Single-family residence buy & hold investment in Largo.
Purchase price: $80,000
Cash invested: $12,000
I purchased this through my private money lender who wholesaled it to me an...