Back in the 1970s when I first entered the real estate profession (my fellow bankers were shocked that I left international banking to work as a COMMISSIONED commercial real estate salesperson!), creativity in deal ma...
I am in escrow on a condo we are selling for $380K. We have had so many HOA plumbing/pipe issues over the years and we are just tired of the headache. After three major water remediation and renovations, we are over t...
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...
Hello all. This is my first post here. I have been investing in single family residential rentals since 2004. To date, I have 15 properties, and many of them are approaching zero balances on their mortgages. In additi...
Please do a deep dive on an example. Why you did it?, What was the financial outcome of trading up your property. Was the income less, more or the same. What was your strategy? If you are an intermediary please sh...
Hi BP,
I'm in negotiations with a seller on an off-market deal to purchase 2 MFH buildings on the same street. There aren't any other buyers competing with me (at least yet). Here is the situation:
Property A:4-unit...
Hi. I'm doing a 1031 exchange, & I'm looking for a syndicator who has a great track record & takes 1031 money. Anyone here in that field, or know someone? Looking for a safe 10% (or so) cash on cash return. Th...
I am a investor in a STR and a Realtor in Florida and Tennessee, I realized I've been doing things wrong, and not growing. I am looking to learn new ways of financing and investing and diversify.
Some of you know me, some of you don't. I've been on BP for 3 years & went to the summit. I'm not as active on BP as I would like to be, but life conspires. That being said. It has been a busy 3 years for me &...
Hi, I was hoping to get some clarification on the Safe Harbor law. We are considering moving into our 1031 property and making it our primary residence. We have rented it out the past 3 years. What happens with the ...