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Does anyone have knowledge if a 1031 exchange is possible with two partners? If person A owns and property and person B owns a separate property can they both elect to do a 1031 exchange and pool the funds together to...
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Hello !I am excited to join this awesome forum, I have 6 rentals but I am newbie to auction business, I have been doing lots of research so I realized the importance of pulling title report before bidding, I paid a T...
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Hello BP community! Just put a place into contract in the west Cleveland area! Upon doing due diligence, the owner of the house doesn’t own the appliances, they are rented by the tenants. Is this normal for this area?...
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I'm considering renting a property per room in order to maximize the rental income. It's a large single family house, 5 bedrooms, 2 full baths, kitchen on main level and in basement. However, I've never done a rooming...
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Me again! Your Southern, NH Multi-family expert. Today's focus - Manchester, NH. Each zip code is the Manchester area. Coming up next week - Nashua, Concord and then the Seacoast! Quick Summary: -Low inventory and loa...
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Hey everyone,My business partner and I closed on a deal in socal. Our HML is requesting we put down 20% of the purchase price - not 20% LTV. We are going to finance 80% LTV and 100% labor for the flip through the lend...
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I just downloaded The lease agreement from my pro membership and printed a copy for my first rental property that will be occupied next week.The agreement looks good except I don’t see anything about smoking and I wou...
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What does everyone think about lease options?I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property w...
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Hi Guys, I'm currently working on a deal with a 5-plex building in the package. I will sell off the 5-plex once I have successfully closed on the overall package. (Basically to pay back my initial investors). I'm w...
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Hey gang! Thanks for taking the time to answer my question. Im thinking of pulling the trigger and buying a two-family home for 100% of the cash down. Not intending to live in it, just a pure investment of buy and hol...