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31 January 2025 | 6 replies
In your case, transferring the property from a revocable trust to an LLC where you and your wife are the owners should not affect the 1031 exchange, provided the LLC is a disregarded entity for tax purposes .
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17 February 2025 | 12 replies
Regarding costs there are a lot of factors considered but to give you a ballpark idea, here is a brief scenario: Our main office is based out of Cherry Hill NJ, a typical 3 bedroom row-home lead-paint inspection in that area would cost on average $450, however we can service the entire state of New Jersey (North Jersey office in Montclair, NJ).
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13 February 2025 | 13 replies
One suggestion to consider as I mainly do BRRRRs as well- find a local bank or credit union in the area you plan to buy that offers construction loans.
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12 February 2025 | 5 replies
This will give you a baseline, I.e. own the Main St project same thing as this one, and it cost me all in $125,500 to do the full rehab.
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17 February 2025 | 0 replies
They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.
8 February 2025 | 89 replies
New posters often do not understand the purpose, procedures, and people on BP forums.
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1 February 2025 | 2 replies
.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!
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22 January 2025 | 14 replies
Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.
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17 February 2025 | 0 replies
They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.
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6 February 2025 | 6 replies
Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks in the line which need to be repaired and has provided an estimate for tunneling under the house and replacing entire 45ft main line!