Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange.
Miguel Vasquez
Section 8 related
17 January 2025 | 1 reply
Good afternoon I have a question in regards to my section 8 tenant. I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on hud and zip co...
Chaliyah Penick
Taking over a mortgage for a relative in distress.
2 January 2025 | 6 replies
How do I protect myself in this situation, while also helping a relative?
Jimmy Chao
Selling fixer to relative and avoiding seasoning period.
18 January 2025 | 1 reply
I am weighing some options to help my younger brother buying his first primary with a fixer. I was told by another investor that I will run into a seasoning problem, but i don't see how if i don't plan on refinancing....
Ehrich Roberts
New to BP, seeking options in relation to financing
18 December 2024 | 4 replies
Quote from @Ehrich Roberts: G’Day,Grateful for any advice in relation to mortgage options in British Columbia where liquid capital in combination with rental income would be accepted towards qualifying for a mortgage.
Rod Healy
STR books relative to Australia
23 December 2024 | 2 replies
Hi AllJust joined the site. Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Shor...
Ken M.
“Short Sale Queen” indicted in mortgage fraud scheme (Creative Financing Gone Bad)
15 January 2025 | 1 reply
Attorney's Office, Eastern District of TexasPLANO, Texas – Three Texas women have been charged with federal violations related to a mortgage fraud scheme in the Eastern District of Texas, announced U.S.
Jon Martin
BiggerPockets Real Estate & On the Market are Starting to sound like the same show
17 January 2025 | 3 replies
To learn how to solve a relatable problem.
Natasha Rooney
Multifamily Properties in Indianapolis
17 January 2025 | 13 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Quote from @Richard Bautista: Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow.