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Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
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My wife and I recently decided to pull her retirement to purchase a rental. She has about 20k in all together, and we are aware we will take a tax hit up front. We believe this is the best decision for us at the curre...
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So I've really been wanting to do a few lease Option deals but I still have lots of questions. I was cold calling for some properties I found while driving for $ and came across a landlord. He has 20 properties but on...
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Hey everyone,I'll get right to it...I have never done a lease option deal before, but have a fairly good understanding of the general concept. My first potential deal seems to be in the works right now as far as getti...
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HI BP!I have a duplex short sale in Cincinnati, OH that I've been working on buying for nearly 5 months now. At this point the contract is FINALLY signed and my Lender is about to do the appraisal. (I've already done ...
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Quick bio: 36 married with one kid. Own my home in Petaluma, California with 160k owed. Have solid stable career with pension, wife is independent contractor our combined income is 100k +. Inherited a chunk of money a...
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Hi BP, I'm currently screening tenants for a 3BR apt that I have in Springfield, Mass. I have a really great applicant that I'm considering but theyre currently going through a No- Fault eviction with their current la...
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Hi all,I have recently been asked to provide the earnest money deposit for an apartment syndication, 120 unit apartment complex, in exchange for GP share of 3.6%. EMD would be $150k.So far everything has been verbal o...
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Family owns a property in NYC. We are thinking about selling it and investing in Tampa through a 1031 Exchange. What areas in Tampa do you recommend for a decent cash flow. We want to buy single family homes for rent....
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Hi everyone,I ran across a package deal of 20 mobile home lots located in a coastal city in florida, which are not in an established mh park but rather just city lots with city utilities, (not contiguous),but scattere...