A friend of mine is looking into doing a 1031 exchange on some property; however, he's getting some conflicting info on one aspect of it so I thought I'd ask the experts here.

Here's the situation:

He is selling som...

I don't know about you, but I'm a numbers person. And with all the new properties that come to the market, I use the 1 percent rule as my "back of the envelope" calculation to see if a deal is worth looking deeper int...

Hi, friends,Water started coming up from the drains in my duplex. A Roto Rooter technician managed to clear the main line after a ton of work and resorting to a 1-inch blade (apparently, they usually use only 6- or 3-...

Hello, I am working on setting up an LLC to purchase our first investment property (a 4-unit). I have read about series LLCs in Missouri, and I think that is the direction we will take. Since this is our first investm...

So I've been trying to find someone to install cameras into my buildings but I can't seem to find 1. people that do this and 2. solutions that work.So far, companies want $1000+ to install 4 cameras and you have to ha...

Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...

I have been looking everywhere for an excel template for keeping track of my expenses, income, and reflecting monthly cash-flow for my SFR investment but have not found anything that suits what I'm looking for, so I d...

Hello,I am currently a rising senior in college and live in Boston. I have had two internships, with my last one being  at liberty mutual. I have found that although the corporate world is safe, and I could most likel...

Hello everyone!When I say newbie, I have never owned a home for living or investing, that's how new I am to this. As I live in a rental property that is way cheaper relative to the current market, I have decided to co...

Hello,
I'm working to get into the rental market. So far all I have is a $60k HELOC that I intend on using as a downpayment (or down payments). I have spoken to a couple local banks and they won't give me an approval...