I am brainstorming and searching for ways to make seller financing (of a SFR) a win-win situation. Does anyone have any creative ideas?Scenario: The landlord is burnt out, near retirement and has some health issues. H...
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Hello Everyone, I am new to the forum. I am also currently researching information on Tax sale purchases. I attended my first tax sale this year and purchased 1 piece of property valued at $50K for just over $200.00. ...
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I live in California. I purchased a home for $285,000, 3 bd 2 bth 1920 sq ft. My new property is in escrow and closes on Oct 10, 2017. I used my 1031 towards the purchase. My bank has come up with a different square f...
Hi there - new to BP but long time lurker. I've been running thru this scenario for a while with my lawyer & CPA, but want to see if there are any real life experiences to also lean on.I have split interest with 2...
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I have the opportunity to buy three good cash flowing properties in a stable, steady growth area. My question is should I sell one of my rentals that has been a pain but has all the bugs worked or should I cash out re...
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Long story short..
A company has paid the taxes on my grandmother's house for the last 3 years across the river (ESTL). If taxes are not paid in 2 months the company will own the property for taxes.
Can't just pay t...
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I desperately need to purchase a rental property to reduce my taxes. Finally to the point where the cash flow is good but taxes take a huge chunk. Not sure where I start because I want to retire within the next year o...
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Hello fellow nerds! I'm trading up into a 15-unit and selling a single family and a 4-plex to help fund the purchase. I'm using a 1031 and all three properties are held in different entities with separate EIN's. I ...
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We’ve bought three properties, but this would be my first time selling, looking for advice from seasoned investors.We own a 4-Plex in Solvang, which we purchased for $850k at 3% (25% down), appraised at $1m when we pu...
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I sold a rental yesterday for a solid profit. Though the purchase price was miniscule, it means I sold it well over 3X my purchase and rehab costs. I rented it for four years to one family and the sold it. I bought in...