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Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
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Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
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Dear BP members So many times I have received valuable insights and contacts through this forum... it’s pay back time!Take a few minutes to read this: https://www.ccim.com/cire-magazine/issues/Jan-Feb-19/Basically, to...
2 Family illegally being used as a 3 family.1000/month1200/month 1000/month$105,000I pay electric heat on 2nd and 3rd unit. The 1000 3rd unit is illegal.Working on it now but I can probably get 600/month for it if I m...
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We would like to install hardwood or laminate flooring into our 2nd floor condo. The only problem the HOA is considering to ban any type of flooring except for carpet in rooms other than the kitchen or bathroom. The...
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Greetings BiggerPockets! This is my first post and Im hoping to get some suggestions from everyone.So let me explain a bit about myself first.My name is Mikey and my wife and I live in Southern Ontario Canada. I own a...
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I'm new to this world but dedicated to retire early on REI. I've been putting away a big chunk of my paycheck this past year to try to build up my savings for a first down payment but it's been a slow process! I live...
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I’m new to Bigger Pockets and have a question I haven’t seen addressed. I am a 15% owner of an LLC that is selling a manufactured home park. Can I do a 1031 exchange for my own private residence that I am converting t...
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Is it ever a good idea to downsize a quad to a triplex? I'm looking at doing a BRRRR on a quad-plex, each unit 2/1, but after doing an initial walk through we felt like it may be a better idea to combine two of the...
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We currently rent a townhouse in the very hot market of Asheville, NC. Got an unexpected notice to vacate at the end of June due to the owner selling the townhouse and have less than 30 days to get out. Townhouse is...