Dan Stewart
Are small bedrooms bad really bad for rentals or future sales?
I am looking at a property with extremely small bedrooms. Like the smallest, you could imagine. How important are big bedrooms to renters? and would it sell well with small bedrooms in the future?Thanks in advance for...
Tom Henderson
Closing on a property, with tenant stuff still there. (POD unit)
hello team!I was scheduled to close on my fourth investment property, a duplex in Minneapolis 10/15. We have pushed back closing due to a tenants POD unit still being in the driveway. As part of the PA, I requested th...
Michael Garcia
Zoning
Looking at a property that the County assessors office says is a 4 unit building but the City of Chicago Certificate came back as a 3 flat. Can this be Challenged? Everyone says the Certificate Trumps everything. Any ...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Krissi Miramontes
LLC Newbie Questions
I just bought my first SFH and am closing on my second at the end of this month. Both are located in Toledo. I live in CA. Im trying to figure out what my real needs are for an LLC. My questions are:Anyone just us...
Michelle R.
1031 exchange 200% rule - fair market value
There are several off market deals that have been presented to me by brokers. We are not very far into negotiations.On my replacement property identification form, I would like to name 4 or 5 properties by using the 2...
Dustin Ruhl
Continuing a Trend, Annual Foreclosures Rates Drop in Every State
Real estate foreclosures continue to trend downward. Analysis of property and loan data shows mortgages and real estate loans in the United States are showing a marked decrease in the likelihood of going to foreclosur...
Jason Prendergast
Strategy for a 1031 exchange?
We have successfully made a deal on an REO home, but have some questions on a 1031 exchange for it. The idea is to take the home (purchased for $50k), put $15-20k into it and sell it for up to $100k. 1) The purchase...
JT Spangler
Wanting to Buy and Hold in Nashville
Yeah, so that pretty well covers it. I'm JT, and I'm a musician who's been living in Nashville for about 3 years now.
I just finished an extensive search for a SFH for my primary residence (I looked at over...
Tae Ross
LLC before first deal?
Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help!