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Hey guys, I'm getting ready to close (selling) my first flip in Dec. I'd like to roll the profits into the next one, but I've read that you can't roll flip profits to a 1031 exchange. Is that correct, if so, is there ...
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I have a tenant on a month-to-month lease. I collected 1st and last at lease signing. She has been there for 18 months. August 1, right on time I get a payment from her. August 2, she sends a text giving notice. She w...
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My buyer has backed out of contract because she wanted to expand basement (she did not mention this in contract) and it is going to cost more than she thought. She wanted to demo basement wall, dig out 500 sf of craw...
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Hi, I received a call today from one of my direct mail campaigns. The gentleman told that his house was foreclosed and he has a redemption period till 06/05/2016. The house was sold on auction for 120K. He said he wan...
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Hi everyone:
I'm going to present this case to you and see what you guys think about the whole situation.
I contacted the owner of some vacant land that's FSBO, and the guy gave me a list of eleven more propertie...
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So, I am in a contract for 2504 Ellicott St in Tampa for $50,470. My agent's MLS comps were great ($109,300) but my hard money lender (Bridgewell out of Orlando) had their appraiser bring comps ($78,000) from the s...
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Looking at making a cash offer on a property. How should I set up the timeline on the purchase offer? It should be able to move faster than if I had to obtain financing but want to make sure I have enough time to ge...
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Hey all,One of our company’s niches is acquiring vacant 2- to 20-unit properties for a significant discount, fully rehabilitating them, leasing them out, and selling them. It works well for us because we have built re...
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So I have been a bigger pocket member for maybe two months now and I bought my first property. Feels like it took forever. But after I purchased,(close date is may 31) I realized I didn't do as much research on what t...
I've been keeping a pulse on this mixed use property (2 units) that has been on the market for several months. It is located in a very active developing city. The price is under market. The cash-on-cash return is abou...