Justinian Lane
Looking to pivot into CRE - Have money, not knowledge
I'm in the process of cashing out of an unrelated business, and want to pivot into commercial real estate. I'm in a position to invest $50-100k per month for the next 24-36 months, and am not sure where to start. My...
Patrick Sullivan
Investing in Mexico's Riviera Maya (Tulum, Playa del Carmen, Can)
Some information that I wish I had known 5 years ago...I have now invested in a few properties in Tulum and the surrounding area. One thing for N. Americans to note is that you are REALLY taking a chance if you buy p...
Mike B.
1031 Reverse Exchange
Hey BP: I'm a little foggy on the step by step process of performing a 1031 reverse exchange, and I'd appreciate some feedback. Here's my situation: My sister and I will be joint-venturing to purchase a commercial ...
Jap Path
PA : Quit claim deed to single-member LLC incur transfer tax?
Hi BP Community ,I have purchased a property in PA as individual ownership. I am looking to transfer it to an LLC through quit claim deed. My bank is OK as long as the owner of the LLC and and property match 100%.does...
Account Closed
Love to hear your comments -Exclusions Because of Prior Arrest
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
Ezra Meyal
Simple JV house-flipping structure questions
Hello BP - long-time reader and fan of the content here, first-time poster.I am working with long-time family friends and buying flipping properties in North Carolina. They are experienced rehabbers, but tend to reha...
Serges Lemo
Lease extension on a newly acquired property
Hello BP community,I recently bought a rental property with long term tenants in it. They had been signing lease extension with the previous owner for several years. One tenant's lease needs to be renewed soon. Can I ...
Eric S.
Accountant/CPA Needed in Cincinnati
I thought that this topic may have been addressed somewhere here in the forums but I can't seem to find it. I'm looking for an accountant/CPA that doesn't find real estate dealings a foreign language. We have 9 proper...
Kevin Blair
Does anybody know what the "Debt Use Index" is?
Hi All,I've spent the past 3 months working for my Uncle's wholesaling business in Arkansas and am now in the beginning phases of launching my own in Chicago. I heard of something called the "debt use index" from one...
Eve Oliver
Post property on Zillow for rent before closing day
I was taking to a landlord yesterday and since my closing day will be Sept 28th and I have to do bare minimal TLC at the house. She advised me to go ahead a post the property for rent but to provide a date when the pr...