Hey Everyone, I am looking into my first 1031 exchange and have a few questions. I have a mobile home park under contract and the lender is requiring more money down than planned. So,I plan on selling 2-3 of our curr...
Is it best to own the properties in your own name and then have an LLC or other tax structure rent them out or just have the LLC own and manage everything, therefore, limiting any liability to you personally? Are ther...
Like everyone else I have been looking, connecting, negotiating and I think I may have found one that will work. The fact that this property is a Class A property located in the most visited National Park is just icin...
Hello, I’m currently in the process of purchasing my 1st 3 unit home as an owner occupant. I’ve been trying to cross my t’s and dot my i’s as I’m getting ready for this process (I’m both nervous and excited!). I have...
Can you tell me what a flash cash is and how you get around the REO's rules on wholesaling?
"If its really a good deal, wholesale it. Yeah, its trickier with REOs, but you can do a double close or do flash cash or fi...
Hello BPers, My wife any I are almost ready to find an agent and property manager. We are in the process of getting a heloc for our down payment then we'll get out pre-approval from the loan. We live in Pinole an...
I'm under contract on a 12-unit multifamily building and looking at insurance options. One thing that isn't clear to me is what types of policies cover various situations. I think I understand the basics of personal h...
Hey BP Nation, @Yonah Weiss When doing a coat segregation study, how do they establish land vs structure values in a high land cost area? On several podcasts I’ve heard that the land is anywhere between 15 - 20% of pu...
Good morning BP nation!I recently acquired a 4 families property in Union City NJ. According to the town,. There is no rent roll registered yet. We inherited all tenants . 2 of them are M2M tenants and paying about ...
Good morning ya'll! I'm Christopher and instead of watching my Cardinals get their tail whipped last night I decided to work on my business plan following the format suggested in this forum. I only have the first two ...