Daniel Fulkerson
Investing in Expensive Areas
Hello BP community, this is a question for investors investing in expensive markets such as Los Angeles, New York, Seattle, etc. What type of real estate are you currently investing in? How are you making a profit wit...
Richard Jimenez
16 Unit Apartment Deal Analysis
I have my first commercial deal under contract for a cash purchase of $375,000 (I am paying all closing costs). It consists of eight 2BR/1BR units and eight 3BR/1BR. All units are currently rented with a gross month...
Michael Win
Conventional Loan & deferred maintenance affecting closing
I have a home under contract. The Sale price is 15K under the Appraised value. My finances, income, credit history are all in order without issues for best rates. Typical 20% down.The loan is in the final stages and r...
Fred Ramos
1031 Exchange
Hello to all. I am new to this site and have been investing in real estate for just over a year. I currently own 2 rental properties and am rehabbing my third. This 3rd property I believe has many options. purchased ...
Kyle Luman
Cash flow vs equity discussion in recent Podcast
I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on e...
John Richards
taxes - selling income property, lived in for several years
Hello everyone,I am 59 years old and I am selling an out-of-state (NV) residential income property that was originally my primary residence and I am wondering about what I can do to lessen the tax hit.I originally pur...
Henri Meli
Can do 1031 exchange while downsizing assets?
Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...
Jim Hwang
Help! I'm on Day 45 of my 1031 Identification period and just thought to ask this...
Hello BP community,I am about 11 hours away from letting my 1031 exchange fail after much back and forth. To defer all taxes, I would need to reinvest at least 250K. Currently, my QI is holding about 110 in capital,...
Steven Wang
Is painting closets an additional charge during turnover painting
We recently had our rental property repainted before new tenants moving in. Prior to the repainting, our property manager had shown us photos of holes + scuffed paint, many of which were in the closets. They went ahea...
Taliah Brown
STUDENT LOANS
Hello Everyone!I am interested in purchasing my first rental property by the end of the year. I have a decent credit score (700 or so) but I have about 180k in student loans that are in deferment ( I have two masters...