Corey Jenrich
Getting started question
Greetings, Getting started and looking to do a 1031 Exchange and purchasing multiple properties. I have been reading that Blanket loans facilitate this process, but in talking with lenders they do not recommend becau...
Eric Bilderback
1031 exchange into a partnership
Can an individual 1031 from the sale of a building into another building with a partner? I don't see why not but my client thought adding a partner to his next transaction would ruin his 1031 status.Thanks for the he...
Adam Sieg
Rent to Retirement investment strategy
I've done a fair amount of research on rent to retirement. Most people within BP indicate that they are satisfied or very satisfied with what they offer (eg good cash flow, strong market, solid ROI, helpful informati...
Josh Skogen
Paying back LLC members and 1031 Exchange
Hello. I'm part of a 4- member LLC, which owns a SFR. We are selling the property and would like to use a 1031 exchange. Now, the four of us have contributed from our own pockets towards the purchase and renovation of...
Ariana Pope
@ Anthou Legal or@ PV Settlement: Advice for wholesaling in PA
Hi Kris Anthou @Anthou Legal or Ryan Fisher @PV Settlement, I am Ariana. I just started getting into wholesaler and recently I received a contract from a seller signed for a property near Pittsburgh, PA. Recently on ...
Jeff L.
What's your criteria for Cash Flow or cash-on-cash ROI?
I'd like to get a survey going.When evaluating houses, what's your criteria for:1) Cash flow per door (e.g. $100)2) Cash-on-cash return on investment (e.g. 12%)3) Do you only use one metric or both? Does a house have ...
Cristina Enriquez
Discrete prices on Zillow
Hi everyone! I have been trying to run my own estimates on what houses cost around the area where I am trying to invest. However, Zillow in texas has discrete prices and it won’t show me what the houses were sold as. ...
Polo Vazquez
Can I 1031 An Investment to Buy a Primary Residence?
Hello expert CPA friends or Lawyers at BP!!One of my clients recently asked me if he could sell an investment property (a rental) with a 1031 Exchange and use that money to buy a primary residence. I didn't know what ...
Lynne Hart
Gravois Park 4 Unit purchased in an exchange in 2020.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $110,000
Cash invested: $40,000
4 Units, Shotgun with 3 rooms each. Purchased with 2 tenants in place. Up...
TJ Fries
Backflip App for ARV/Rehab
Has anyone used the Backflip App to get a ballpark ARV and/or to estimate rehab costs? How accurate was it? I usually use its rehab price and then add 20% onto it.