Michael W.
How to deal with consistent late payment renter?
26 January 2024 | 27 replies
The house is your product, the tenant is the customer and the PM is the manager.
Raymond Kang
Unlisted Bank Repos?
26 January 2024 | 4 replies
Its frowned upon because in many states, we 1099 the borrower after the property sells and if we don't list the property, and don't expose the property to the largest potential buyer market, we can expose ourselves to litigation for artificially suppressing the sales price.
Vince Biegel
NFL Player ready to buy first short term rental in Nashville
26 January 2024 | 6 replies
I have a lot reach out after getting bad advice from a friend or "interesting character".I mention this because its not always wise to buy big and expect big returns in regard to sale price.
Mark K.
Reits vs rentals
25 January 2024 | 7 replies
Plus, the tax benefits from a well-handled 1031 exchange, deferring capital gains taxes on your rental sales, can really boost your financial gains.
James Boreno
How long until I can do another 1031 Exchange?
26 January 2024 | 10 replies
Your intent must have been to hold that property for productive investment use.
Jacob G.
Buying a property that will inevitably rent at a loss
26 January 2024 | 22 replies
In this case, you wouldn't have the benefit of positive CF to assist, so you would rely only on the equity gained from appreciation (remember, equity you buy from using your cash to pay down your mortgage isn't equity gained upon the sale,...it's cash you have to recover) and paydown from the rent.
Chris Stratton
1031 Exchange - DST?
25 January 2024 | 70 replies
Sales commissions in DSTs average 6%.
Account Closed
$5M+ Portfolio by 30
25 January 2024 | 15 replies
If you blow it up in real estate sales and stack cash fast vs not having a cash war chest will impact where and what type of property will be your first deal.Good luck!
Wesley Mullen
Quick Claim deeds: Moving Rentals to an LLC
25 January 2024 | 9 replies
Most purposes for which people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.
Gabe Callaway
Financing Multi-Family with DSCR Loans
25 January 2024 | 15 replies
Rates on these loans are very good if you qualify compared to a regular DSCR product you will get from most on here.