John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
Carson Fox
Profit First Book by Mike Michalowicz- Experience?
Good afternoon,I've been reading Profit First by Mike Michalowicz and am going to set up the system just like the book tells you to do. I was wondering if anyone of you have tried this and how has it treated you? How ...
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
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How much to rehab before renting the house out
I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out. Since renters don't take as much care of the rented property, how much rehabbing should...
Brad Srutowski
Lived in primary residence in CA 2 years, rented out for 1 year. Will I have to pay capital gains???
We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...
Quandra Adams
County Appraisal vs. Purchase Appraisal
I just received an appraisal letter from my county for my property. It is almost $20,000 less than the purchase appraisal price. If I do not correct the county and leave the lessor property value price in place and b...
John Chapman
Pre paid taxes on a refinance question.
Hey guys. I just signed the papers on a mortgage refinance and in the prepaid column it has 3 months of taxes and in closing costs it has 2 months taxes which will go into My escrow account. The notary that did the cl...
Luis Rodriguez Jr
Is the info on a Tax Assessment site reliable?
I have a client who just sold her business and the office/house she worked out of is in bad shape. It is in a up and coming area that has " beautification" going on around the neighborhood. The home is valued under t...
Patrick Q.
Expense And Income Set Up Of 1st Rental
Hello All,
I am just getting started with investing in real estate and want to make moves to purchase my first rental property.
Assuming I do not establish an LLC or other business entity to 'own' the property the f...
Jason Kidwell
Tax deeds in Delaware
Anyone have advice on purchasing deeds in Delaware? Seems to be quite different than other deed states. I've read quite a bit and feel prepared for upcoming auctions, but would like to know if any BP folks have ran in...