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Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...
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Hi, I'm a 20 year old real estate investor. I have purchased my first property last year and plan on purchasing my second later this year. I'm considering getting my real estate license in order to get 3% off purchase...
I had good timing and got a good deal on a rental property I purchased in the Denver area about 2.5 years ago. I bought it for $238k, put 20% down. Rents are up to $1850/month in the area, but the home value is up to ...
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I had to remove four of my out-of-state properties in order to refresh the listings and start anew. I will be lowering the asking price and seeing if that will help in the sale of these properties. Looking to either s...
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So i understand you can record the structure portion of the property as depreciation as a paper expense. But do I have to? I expect the cash flow to be so small that taking the depreciation makes no difference. If ...
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Good evening BP, I have searched all through the wholesale forums, along with the "flipping contracts" discussion topic and put together an 8 step plan to wholesale contracts while Driving for Dollars, from what I lea...
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I'm a new real estate investor and I'm looking into bird dogging to get started. I have been replying to "we buy ugly houses" ads asking if they provide a bird dog fee. I have gotten a few responses but I began to ask...
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Hi neighbors!I have purchased properties exclusively at courthouse auctions, and had good success with them. Recently flipped one of them for a nice profit and began looking for the next. There was a favorable propert...
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I live in the MVA area. I came across a property in Baltimore County for 24K. It has one tenant for 5 years and a new tenant. House is renting at around 1125.Why would you any want to sell? Is this a red flag? Hi...
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Hello to all... So my parents are selling their NY house. They are retired and don't care to be landlords. ARV it's worth 685-700k. The golden ticket to this property is that it can be converted over to a legal 2 f...