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Hey guys! If anyone saw my post about the tiny waterfront home... I ended up pulling out of that one to pursue this opportunity. It's a duplex in town with views of the water, what more could you want? Well I'm having...
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After I sold a flipping property ( single family residence), can I use the profit to purchase a rental property ? Is this qualify for 1031 exchange?
Second question, may I use the flipping profit to purchase a renta...
Hello all,My good friend/business partner and myself currently run a business with 50+ employees and have been stashing away cash over the last couple of years to support a venture into franchising or real estate. Du...
Is it wrong to keep negotiating even on a steal? It’s a business, and I was always taught to make an offer so low that it shocks me. Recently I was negotiating and the seller was offended. The original number worked i...
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- Only Post if you own more than 2 Class “ C “ rental properties - For the tenants that apply without section 8 voucher, how do you process their applications? - I often find them asking, what’s the process and I hate...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,500
BRRRR:
Purchase: $70,500
Renovations: $23,000
ARV: $134,500
Gross Rent: $1,100/mo
What made you intere...
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I hope this is the right category to post this question. But near a rental unit I bought an investor has come in and bought two properties next to each other. One property was a vacant lot and the other was a house, h...
I've been rehabbing and renting out single family homes for the last few years but just ventured into my first multi-family. I’ll admit up front that I’m a design junkie and I’m motivated by the challenge of creating...
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We're interested in the Kensington/Frankford area, but our property manager and agent has conflicting views. Manager thinks Frankford will change first and then Kensington 10 years from now. Realtor thinks the complet...
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I have a single family rental in upstate NY that’s currently occupied up to November 2020. I purchased the place back in 2016. Depending on the market, if I sell once the tenants lease is up, I should walk away with r...