In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flo...
I’m submitting an offer on a home for our family. The home has an efficiency ADU (converted detached garage) which we will rent out.
The property is also in a targeted area, so I qualify under increased income and pu...
I'm kicking around some ideas with a friend of mine and we got into a discussion about whether or not it is possible to do any form of house-hacking in an area like Hell's Kitchen or similar hotspots in NYC. I'm cur...
I'm looking for the best way to calculate the right amount of assignment fee. I've been wholesaling for a while and typically I've used a flat assignment fee from $5,000 to $20,000 based on the size of the deal. But...
I have my first rental up for rent (WOOHOO!) and have 2 applicants (co-applicants that are boyfriend/girlfriend). I need advice on whether or not they are good prospects. I used MySmartMove.com through BiggerPockets t...
I currently have a two unit property under contract, initially it looked as if it was going to be classed as an investment property with 15% down. Our lender has now informed us that since it is multi unit it will nee...
Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...
Hi everybody,My name is Ehud and I'm at the researching level of the real estate investing ladder.I was wondering what would you think are the important advantages of an area while considering purchasing a multi-famil...
I am closing on a Duplex in Holt, MI right now. All of the utilities are split separately besides the water. There's one meter. To further cut costs I was considering implementing a Ratio Utility Billing System (RUBS)...
Hello,
I am still an undergrad student; however, I am studying different RE interests. (Still do not know what I am wanting to pursue in regards to RE investing)Either way, I am trying to create a few plans in regar...