Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Ben Thanyawatpokin
Hello Everyone! Newbie here.
Hello Everyone! My name is Ben Thanyawatpokin and I'm looking to get into the real-estate investing game. I am based in Japan but originally a US citizen, thus I am more interested in the market in the US. To be compl...
Pras Palanichamy
Does a RE Agent License add value for a RE Investor ?
Hello All
I am starting out in REI. I am thinking if a RE Agent license is necessary to become a successful REI or it just does not add any value at all. I want to be a buy & hold rental property investor in the ...
Will Fraser
House Hacking in Hells Kitchen - Is it possible?
I'm kicking around some ideas with a friend of mine and we got into a discussion about whether or not it is possible to do any form of house-hacking in an area like Hell's Kitchen or similar hotspots in NYC. I'm cur...
Ruth P.
Can you get a refinance loan BEFORE you buy and rehab?
Hello BP: With the BRRRR method, you refinance at the end before repeating. What if you approached a bank for a refi loan asking them to agree to refinance for a house that you are interested in buying, but you want...
Pedro Echevarria
What happens if you get married
What happens if I have a FHA loan and marry someone with an FHA loan? I understand you can only have 1 FHA loan but what happens when you and your spouse become one(join accounts) ?
Andrew Shelton
Criteria considered when looking for a new rental market?
Hi guys! My wife and I are just getting started with real estate and are curious what to look for when it comes to investing in a new market. We are going to be doing long distance BRRR investing, as we currently live...
Charles Taggart
Looking for a stock market book
Hello, this is my first post.... yahhh.
I have 2 kids 11 and 13. I want to get them started thinking about money in the right way. My 11 year old is definitely going to be a saver and I fear that my 13 year old is go...
Rick Turman
Owner's title insurance coverages
BP family,I've combed through the hills of the forums and have not found a straight answer on this. Therefore I am turning to you all for help from those with more experience.I have recently obtained a quote and cove...
Mike Brown
Will I Basically Break Even on a Duplex If I Live in One Side?
Here goes. This is my first forum question and I hope it's not a dumb one. I also hope I posted this in the right area. So, I would like to buy a duplex as my first purchase. I live in Iowa where there are some dup...