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Is it worth your while to identify more than 3 properties in a 1031 exchange? And what would be a good reason to do that. In my situation I need to buy a $440K property(ies), and should I look for 2 properties at $22...
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Hi Friends of BP,I'm having a hard time nailing down my buying parameters and I'm hoping you can weigh in. I'm looking to eventually own 25 rental properties (25 x $200 / month in cash flow = 60k per year, which will...
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I am a new investor looking to break into small multi family investing in the south jersey/philadelphia area. My first property is going to be an owner occupied deal and I think I want to implement the brrrr strategy ...
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I'm new here. My wife and I own a home on 15 acres that we bought from family a little over a year ago. It's our primary residence. We have a mortgage, but significant equity. Our neighbor has approached us about ...
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I hope to buy a property using a land contract. The property is worth approximately $100,000 and the terms are 240 payments (over 20 yrs-no interest) to the seller with option to pay the balance off at any time. I...
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I have a deal with an ARV of 290,000. The owner has two HELOCs in place. One is fixed 200k at 4.25%, the other is for 90k and not fixed. The seller is willing to put a lease option in place with a two year lease te...
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I have owned my rental property for 22 years and recently sold it. I'm doing my taxes and realize that I need to calculate my depreciation over those 22 years. However I don't have my tax records that go back that fa...
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I have just closed on a duplex in Miami which has two tenants on verbal leases paying monthly. The estoppel letters were signed with a lease end date 31st March 2022.
I sent the tenants letters with notice to termina...
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Hello everyone,
I am looking to buy vacation home in Orlando FL near Disney world. The primary purpose is to earn vacation rental income and plus use the house for some days in a year. And people who are already ow...
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I do most of my rental property investing in a 3-Way LLC. One of my partners also owns several other properties on his own that he would like to sell either to me or to our LLC. Down payment funds could be an issue. P...