We bought a tax deed in 2017 and we knew we were going to hold it 4 years because growth was coming and it's on a perfect spot to rezone commercial. This property had 2 shanty houses and a Mobile home on it that was a...
Hello fellow investors! I am about to do a 1031 exchange and will be purchasing an investment property. I am thinking of buying a beach property and turning it into a VRBO. I would love some feedback on the drawbacks ...
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
Good Evening BP,
I'm looking for some input on the situation I'm in.
I currently own a 4 unit building in Roscoe Village, Chicago, IL. I bought it last year for 985k with a no money down VA loan. The loan amount end...
I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
Ive seen a proliferation of deals in the last year with two equity shares consisting of preferred equity and the more typical common equity that is common to more typical syndication deals. The Class A preferred equit...
This question is a little broader than 'real estate' as the solution yet looks like a good place to ask.
We are considering converting one of the investment properties into our primary residence.We might do this onc...
The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...
Hello BP family!My friends and are thinking of investing in a STR in Palm Springs, bought under an LLC. Our biggest question is how to structure the exit strategy in the operating agreement, and the best way to distri...
My longterm goal is to get to $5-$6k in rent cashflow per month (not counting cap ex etc). I work a full time job and so does my wife so we're working on real estate on the side and aren't particularly wealthy so we'r...