Robert Iovine
Taxes on Flips (1031 Exchange)
Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?
Michael Lowry
Need advice structuring a deal by FSBO with owner financing
I am reaching out to the BiggerPockets community for a little advice. I am working on a deal and need some help structuring a FSBO with owner financing...if it's even a good deal!3/2 SF, 1971sqft, built in 1998, askin...
Jose L Torres
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Greg P.
Am I doing something wrong?
Hello, after reading many posts and doing research I've come to realize many people are spending around 20-25k on rehabs. The problem is, I'm spending anywhere from 35k-50k. Am I going overboard on the rehabs? Our ...
Nathan Hui
Single Family Conversion to Duplex with FHA 203k Loan
In my local market I have found that good small multifamily homes are difficult to come by. Naturally, I began to ask myself, can I use a FHA 203k to convert a single family home with a basement (unfinished/finished)...
Kevin Thomas
Tenant complains of rodents - who pays for pest control?
We bought a duplex and several months later an existing tenant is complaining about rodents. I contacted a local pest control company and they want $100 to start and $45 per month for both units and a 1 year contract...
Annchen Knodt
Luxury Vinyl Plank comparison chart and experience
Hi BP,
I recently purchased LVP for my personal residence, and due to my "type A" personality spent quite a bit of time researching options :-) I made a table to keep track of various factors, and wanted to share it...
Account Closed
Order of Rehab- First flip, need help
Hi everyone, I just closed on my first investment property this past Monday. I'm strongly considering managing the project myself. I received a very high bid from my contractor and that's why I'm debating running the ...
Gabe K.
Claim proceeds are too low, what to do?
Hi BP Experts,We had a roof leak that basically destroyed most of the inside of a house we own. Our contractor said repairs will cost $24k but the insurance company is only paying out $6k towards repairs. How do we ...
Paul Sandhu
What is your lamest complaint from a tenant?
Had a guy move in Sunday night to one of my STRs. He called me the next day to complain about 3 things. 1. He locked one of the bedroom doors and didn't know how to unlock it from the outside.2. He wanted a better c...