Jennie Chen
using 1031 excess fund to do renovation possible?
Hi I am doing a 1031 exchange. 330K in the fund, only one of the 3 identified properties is going to work out, and on the form the value of the property was 200K, i will end up buying it for 230K. this property is cu...
Denise Evans
Alabama Tax Sale Excess Funds Strategy is Back!!!
The Alabama Supreme Court ruled on June 24, 2022 that the retroactive portion of a tax sale statute was illegal. The statute stripped former owners (and the investors who partnered with them, by implication) of their ...
Robert Carpenter
Additions As Corrections For Excessively Small Rehab Houses
I'm a big fan of Frank Lloyd Wrights open plan 'Unsoninan' homes. I think there are rehabs where the living space is so small it makes sense to put in a spacious open plan addition and use the existing living area fo...
Kevin Lefeuvre
Power outage, excessive heat, ... unpredictables, do you refund?
We are experiencing heat wave right now in LA (and other areas in the state and in the country), where the A/Cs are not totally efficient. Some areas have even experienced power outage during the most part of the week...
Pierre E.
1031 Exchange Land Excess for Construction Not Boot?
I know from searches that you can take a property, and 1031X it and purchase land for investment purposes.What if I want to take a SFH property that I have, lets say its worth 500k, and 1031 exchange it to purchase la...
Jorge Borges
Tenant Damage, Excessive Filth and Withholding Security Deposit
Hi BP,I have a real knot in my stomach with this one. I have been renting for 6 years. And have never seen something like this. I know this pales in comparison to some of the war stories on here. But I really need hel...
Artur A.
Mowing Expenses Seem Excessive for my rental property
Hello BiggerPockets community,
I'm a rental property owner, and I've recently been reviewing the landscaping expenses for my out-of-state property, particularly the mowing costs. I must admit, the figures are making ...
Denise Evans
Alabama Tax Sales Auction, Excess Bid, and Redemption
This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
Rick K.
100k/y excess income - looking for RE strategy
Hi all,I'm a 28 y/o software developer & entrepreneur. After taxes/mortgage/life/etc., I have about 100k excess every 12 months. I don't think this income will last forever, so I intend to invest all of it into lo...
Matthew Nicklin
My first BRRRR completed with $50,000+ in excess cash
I have been investing in Real Estate for the past 10 years. I started out with a very small amount of private money($20K) and my own cash. I used private money and my own cash until I was able to secure a primary resi...