Hello BP. I am a new investor in the Asheville, NC area. I've been lurking/reading for quite some time and have finally decided to post. Sorry for the lengthy post, but I thought I'd provide some background info befor...
I was just notified by my CPA that a 1031 exchange might not be the best way for me to take money from the sale of one property and buy another property. He said it could cost me more in leagal fees than it would sav...
If a property owner is facing forclosure and can proove that they can not pay the mortgage payment. This would be ideal for a short sale right?
Lets say property owner X owes $78K pay off amount.
The house only app...
If you are an accredited investor and could start over again, would you actively own a property or invest in a reputable passive deal (Crowd-funding, Syndicate)? There's a lot of control with value add but passive dea...
I made an offer on a triplex and one condition of the contract was receiving estoppel statements and leases. Listing agent pushed back, saying "No one asks for those, we'll just tell you what the deposits and rents ar...
Hi, soon to be landlord and buy/hold investor *knock on wood*I am compiling what I consider my 'dream' team for investing and managing my RE buy and hold portfolio. RE Agent - I am starting out with a solid RE agent...
“Don’t be afraid to quit!”
I’ve been seeing a lot of posts lately about people getting into a project or deal, finding out it’s not what they thought it was going to be, and then going into deeper waters by over-leve...
Hello. I would like some advice. I put my house on the market August 2022. We had an all cash buyer almost immediately. Moved everything out and 2 hours before closing the buyer changed his mind. House was for sale fo...
I know that it is common to have PM charge a % of rents. However, I don't quite get that logic. If I have a duplex with $3500 per month rent in high end 'hood and one at $2000 per month someplace else...well, what's t...
I've been wondering this for quite a while now, but I just need someone with some experience to help me out and explain it to me.
What makes a homeowner take such a dive when negotiating with an investor? I mean fo...