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Hi BP it's been a while since posted anything. I'm in the Market to do a 1031 Exchange in Massachusetts if I sell. Quick Question will I be able to-do a 1031 before or after the sale of the Property. Since I'm selling...
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Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
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I would like to blame Turbotax for this mess but I know it my fault. First let me explain how I got in this mess and hopefully someone has some good advice on getting out of it. I started buying buy and hold rentals ...
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So here is my situation. I am in contract on a 3 family home for $815k which I will be getting a loan and will be required to put down 25%($204k). Now I have another property(2 family) that was own for about 30 years ...
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I use to self-manage, but hired a property manager. I’ve been fairly pleased with the property manager. No real complaints from me. My tenant on the other hand has complaints. The tenant moved in before I had a PM so ...
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I'm interested in creating a bond and partnership with a real estate agent/broker near the Aurora, IL area. Need to start my first deal.
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So I'm doing a large 6000 piece yellow letter mailer. I worked all day in my hot, stuffy office on my only day off (today) and printed 3000 of the 6000 mailers. They looked fantastic! Very productive, but exhaustiv...
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Hello BP friends,I am currently building a core 4 team as gudied by the David Greene long distance real estate book. I have money ready in my personal account and have an itchy trigger finger to buy my first place an...
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I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
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First of all let me say, a lot of this is my fault for allowing them to stay this long. Due to backed up sewer and lots of rain, water damaged the unit and they didn't tell me for days. Now there's mold everywhere and...