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Can I use the profit from the sale of a business (store and grill) for a 1031 exchange? The buildings and 1.79 acres are included in the transaction. Thanks in advance for your help.
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Hi There-I'm writing an offer on a commercial property with a partner. It's a 2,200 sq ft restaurant. We offered $375k and sellers countered with $440k. Gross rent will be $4k monthly. What is the best way to vest the...
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Hey There,Can anyone explain to me how to calculate how much I could ask for a business with the building? Thanks
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Has anyone tried renting stuff to their tenants? I'm always thinking about ways to make extra money from rentals. Seems a lot of people need stuff when they move, and may want to just add a bit to their rent payment f...
Hey guys, I will try and summarize the situation quickly.One of my apartments (5plex) has back office / basement area where we store some of our repair equipment for the property management, such as desk, office equip...
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Hi all,I am in the process of furnishing my first rental and boy is it a lot to think about! I am currently compiling a list of items that need to be purchased (primarily looking at Ikea, Amazon and Costco). Does anyo...
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Hello BP Family,Super excited about this new complex of 8 properties we got under contract this weekend. This complex is on the heart of San Antonio, in the "artsy" area of South Flores near downtown. The property is ...
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I have a triplex I'm just renting out. It has three 2/2 units. I need to provide laundry facilities. There are no laundromats nearby, and not having laundry will be an issue in attracting tenants. I had the baseme...
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Hello BP peeps, I was reading @Ben Leybovich 's new book on house hacking today and was getting some great nuggets. I like what he says is there about if you want something then find a way to hack it to make you m...