Kyle Shankin
"Learned" something odd about 1031 exchanges
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
Jason A.
Help, served with Building Code Violation in Sacramento
We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Charles Ngansop
NICE TENANT BUT ALWAYS LATE OR BEHIND RENT PAYMENT
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Axel Ragnarsson
Growing a portfolio of 350+ units by 27 y/o - what I've learned
Last week, some partners and I closed on a 42-unit property in Daytona Beach, FL. This deal puts our company over 350 units, and I wanted to share some things I’ve learned while we’ve grown the business.
Full disclo...
Tony Pellettieri
Obtaining additional Capital for our Fix/Flips to Scale Faster - Suggestions?
We just started to Fix & Flip using our own capital a few months back and currently have two projects that are both about 3-4 weeks out from completion. I decided to commit full time to learning this business as I...
Account Closed
real estate agent's job
What, exactly is part of the JOB description of the real estate agent, beyond showing property, selling it, and getting the check?
I am working with "A". He is to help me find a rental property and so far he's showed...
Eddie Garcia
Wholesaler perception as unethical?
My first post I believe to BP although I’ve read numerous posts within multiple forums.
I get a feeling from the community here - specifically buyers - that the wholesaler is unethical 99.9% of the time and not to be...
Trevor Ewen
New Orleans Land Auction
http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
David Roberts
Forming LLC to govern the rest of LLCs
This will likely be an easy question for some of you.So, if I generate 3 LLCs, 2 of which hold 1 rental home in each, and the 3rd which is the main LLC that owns all other LLCs under it...How do I make that true? Wh...