Ilia Zakharav
Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?
Devin James
Update - Everything Went Wrong
30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
Anna Zimmerman
Up and coming neighborhoods to flip a house in 2025?
15 January 2025 | 4 replies
I found an auction person, and I see listings online.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
It's been a few years since I last updated the list of providers (there are older threads on this topic here on BP), but at last blush there were five trust companies offering the ability to write and service mortgages from registered accounts:B2B BankCanada Western TrustOlympia TrustEastern TrustCommunity Trust CompanyOf these, Canada Western and Olympia has the best offerings at the time.
Rick Albert
Buying Small Homes on Small Lots as LTR - Thoughts?
9 January 2025 | 3 replies
There is a guy near me with 6 small houses he rents , he has a waiting list .
Kenny Bao
Advice on Off-Market Apartment Strategies
14 January 2025 | 3 replies
Most times, the top of a brokers list are those with experience who they've worked with in the past.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
Overall they do present themselves as quite successful, established with experience and connections.Mentorship is listed.
Brandon Weis
How to Ensure Tenants Get Renter's Insurance
30 December 2024 | 6 replies
As JD said, the tenant must list the landlord as "additional interest" on the policy.
Alexander Roussakov
Financing for non-us citizens / overseas investors
13 January 2025 | 5 replies
Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.
Julie Muse
Outlook St: Quick Flip Success in Mission, KS!
13 January 2025 | 1 reply
The main challenge was timing the listing perfectly, but with careful planning, we ensured a swift sale.