Lisa Foster-Bryant
First Deal Need Help
Hi BP Community Need your help! First Deal on the table (YEAH!!!) Trying to not have the Analysis Paralysis the deal looks like this:Condo, 2/1, 1174 sq ft $8 per sq ftFree and Clear ARV $26,300Asking 18kAvg Comps in ...
Larry Hucks
Question on 1031 exchange
Hello BP familyI am currently putting an investment property on the market with the idea of doing a 1031 exchange. I would like to by an SFR and "house hack" - live in one room and rent out the others. But, I was read...
Ki Lee
Second deal in Columbus!
Investment Info:
Large multi-family (5+ units) buy & hold investment in Columbus.
Purchase price: $1,410,000
Cash invested: $364,555
Contributors:
Austin Steed,
Jake Fugman,
...
Ryan Galloway
1031 Exchange Question
Hello hive mind,
I have a question about 1031 exchanges: is it possible to sell a property and 1031 the proceeds into another property we already own to pay off the balance? If the answer is no, are there any tricks ...
Rich Thomas
1031 from personal name to LLC
Hello,
I have a residential loan on a rental property that is in my name currently. I am planning on selling that property and 1031 into a larger apartment building which will be a commercial loan and held in an LLC....
Jeremy Porter
Streamlining Maintenance Coordination: A Guide to Assisting Landlords
I understand the critical role of efficient maintenance coordination in ensuring the satisfaction of both landlords and tenants. This guide is designed to equip property managers with the necessary tools and strategie...
Christopher Smith
UPREIT any personal experience?
Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?
Shawn Foster
Refinance without verifiable income
I'm trying to figure out a way to get a refinance on a stabilized rental property even though I don't have any verifiable income at the moment. What options do I have? The property is in Kansas City, Missouri. Thanks...
John Zuch
1031 exchange- use to payoff existing mortgage?
I did start reading through previous questions, but we're in a bit of a time crunch and looking to get a specific answer.
Can we use proceeds from a 1031 exchange to payoff existing mortgages on investments we alread...
Daniel Foster
Relocation
If you are planning on moving and need to do improvements to your home to make it rentable prior to moving, what are the tax implications? For instance, if you need to paint exterior, replace floors. . . Are you abl...