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All Forum Posts by: Leo B.

Leo B. has started 31 posts and replied 185 times.

Post: Buy My Cash-Flowing Memphis Apartment Building Contract

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

Hi @John Knabel  Can you please send the 2015 to YTD P&L and PM information to [email protected]?

Thanks,

-Leo

Post: Can you 1031 into an FHA-financed property?

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

I'm liquidating a rental property and am considering 1031 exchanging a portion of the proceeds into either a SFH that I plan to live in one room and rent the other rooms, or a 2-4 unit property where I would live in 1 unit and rent out the remaining units. Is this possible? I'm trying to look at this from the tax audit perspective and the FHA lender's perspective.

Thanks in advance for your reply.

-Leo

Post: Indianapolis - Millennials Making a Splash in Housing Market

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

@Matthew Schroeder  It's nice to have Bay Area representation in other areas of the country to give perspective on other local markets.  Berkeley is an old personal stomping ground and continues to be a cool place to hang out.

Thanks for posting info on the local revitalization efforts in Indy.  I started investing in the area around 12 months ago and it's surprising how things have changed in areas near downtown like Fountain Square, Herron Morton, etc.  And they say there are no appreciation plays out in those parts of the country. There are spots if you know where the local government and private industry are working hand in hand to bring back activity and improve infrastructure in certain parts of the city.

Post: “OFF MARKET” SFR Packages with Great CASH FLOW!!

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

Ok thanks Lynne.  If you do come across any portfolios of SFRs with seller financing, please let me know!

Post: “OFF MARKET” SFR Packages with Great CASH FLOW!!

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

Hi Lynne. Is there any seller financing offerred here?

Post: Great CashFlow Mid-Size Multifamily - Jacksonville, FL

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

@Danielle Fattizzi  I emailed you.  Thanks, -Leo

Post: Indianapolis Property Manager Recommendation

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

I've been using @Ashley Mullin and @Ryan Mullin at FS Houses for my Indy rentals for the last year.  They have a good team there!

Post: Self-storage investment opportunity - 23.5% 10-year IRR

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

Hi @Eli May Please send details to [email protected]

Thanks,

Leo

Post: Broker Putting Up Roadblocks.... HELP!

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

@Joel Florek I inquired about this property when it first came on the market. The listing broker had the same response. It was such a push pull situation to get any kind of info I didn't bother to pursue. Makes me wonder why list the property if the listing agent or seller is not willing to provide even the basic info. 

Post: 49% Equity Ownership in 40 Unit Apartment Complex for Sale

Leo B.Posted
  • Investor
  • Hercules, CA
  • Posts 208
  • Votes 47

Hi @Gary Harris  Please send details to [email protected]

Thank you,

Leo