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I'm going to be selling my first investment property in New Jersey. I was thinking of doing 1031 exchange, but I wanted to learn what the cons are of doing a 1031 exchange besides the deadlines to identify and close o...
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@Sharon Vornholt @Rick H. @Mark Pedroza I'm finding a lot of properties where the spouse has died and the other spouse still lives in the house. What do you do in that case? I don't want to assume they will still li...
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Hello Everyone,I am learning how to evaluate potential deals but I am questioning whether the estimates in my calculations are (1) conservative enough and (2) somewhat accurate (I understand nothing can be 100% accura...
does anyone know how much closing costs tend to be in the Chicago area
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BP Community,I’m negotiating the “rider” (annex to the contract) to include in the contract, with my attorney. In the lawyer’s draft, the relevant clause required the seller to vacate the property and “broom clean.” I...
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I read an article about a year ago predicting Bucks County PA to be one of the top counties for future foreclosures, at least in Pennsylvania. I've been waiting patiently since then.I finally found a good off-market s...
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Greetings - New to BP and REI. Born and raised in Milwaukee. I am looking to invest in residential and multi-family units to buy and hold. Curious to hear advice and differing ideas on key areas for the Milwaukee mark...
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Hey I'm a new investor in Chicago and had plans of buying my first property this summer. I've already started walking properties and I'm looking for a house hack opportunity on the north side of the city. The Coronavi...
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Should I come out my contract due to recession might happen and I could buy cheaper later?Thanks any insight would be appreciated 😊Closing date would be April 18 it’s a three family house I will be house hacking then ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Fort Worth.
Purchase price: $37,620,000
Cash invested: $50,000
418 unit, multi-property portfolio
Strong value add w...