I am in the process of setting up a DST where I will be the trustee and beneficiary and I also have an investment property that is in my name I want to sell. I was planning to go the usual route of a 1031 exchange wh...
Hello all, I have a situation and seeking ideas/guidance. Situation: this month I had a triplex catch fire and just learned yesterday it will be a total loss. No one injured/hurt I had just evicted the last tenants. I...
I've recently (in the last year or two) come into a multi-family unit out of state. As you can imagine, getting up and running as been a challenge. At this point we've got our heads around the expenses and incomes, ho...
I'm going through initial diligence on a MF in Providence that has a few illegal units. It is already a multi-family, so I am hoping the process to update the number of legal units is easier than shifting a SF > M...
I am new investor. I just purchased an investment property in Texas with cash using a line of credit. The only lenders I have found so far will do a loan for 70%, based on purchase value and documented reciepts from...
Hi guys, I just closed on a vacant three-family property right before the holidays. I went there last night and realized that there were two burst pipes, with water gushing from the second floor down to the basement. ...
Hey BP'ers,I have spoken to a lot of investors out there over the last several years and I have heard on more than one occasion (from people who are significantly wealthy, not just a couple rentals here and there) tha...
In a recent debate, I quoted a source from the Casualty Actuarial Society that jokingly referred to beachfront property as a "pre-existing condition". Well, apparently to at least one senator it's not a joke.
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I have a foreclosure property under contract however I am afraid that there may be water damage due to freezing temperatures. Is there a policy insurance policy then I can get which would cover this situation and prot...