Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Daniel Tisdale
Buying a Rental Property that has negative cash flow in Austin
Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Ben Leybovich
Under Contract...Finally, after 5 months
Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000...
Brandon Ness
Tenants Making Rent Payment
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
Mark Douglas
Crash or Correction?
I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
Dustin Mercer
Mold found in rental after moving in
Hi All - I’m a new member but my wife and I have been following this board for some time and really appreciate all the great conversations! I finally have a question worth signing up and posting :)We recently sold ou...
Cynthia Ortiz
El Paso Rental Market
Hi everyone! I am not new to BiggerPockets, but this is my first time ever posting a question. I have been buy and hold investing in distressed properties in Southern California since 2009. I am now ready to branch o...
Charles Mangum
Partnering with your children on real estate deals
My 11 year old daughter has about $12k in funds she was given from her grandfather. I have custodial responsibilities for that money. I was thinking of purchasing a property and I would be the credit partner and she...
Courtney Rollins
My First Investment-DEAL OR NO DEAL?! :)
MY FIRST INVESTMENT-DEAL OR NO DEAL!?I’m so grateful to the BP community. The many generous and knowledgeable people and resources are a blessing to a newbie like me. I was just introduced to the world of real estat...