I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...
I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
Sam was very excited when he learned that the apartment he has been waiting for was finally ready for its new occupant. So, he signed the lease and, voila! Moved in. Few days after, he noticed, especially at night, so...
Family owns a property in NYC. We are thinking about selling it and investing in Tampa through a 1031 Exchange. What areas in Tampa do you recommend for a decent cash flow. We want to buy single family homes for rent....
Are you having trouble analyzing deals?Check out @Dave Meyer's Youtube video Calculating Numbers on a Rental Property (In 20 Mins or Less!) where you’ll learn how to analyze a rental property in MINUTES. Even if you h...
I have a close friend who recently inherited a property in Nevada about two hours from Las Vegas. She really needs to sell it because she is not interested in holding the property while living in Maryland. She is als...
I saw a FSBO for a house in a really expensive neighborhood. The price is half of the market price but it has a major foundation problem. As a matter of fact, the house has been deserted for at least 4 years.
So I loo...
I am interested in purchasing a note that has been in default for at least 12 years on a specific property. A subsidiary of HSBC has the note. Is this something that is possible? They have not foreclosed on the hom...
Hello everyone.I am in the process of getting my first rental and I have some questions.I want to open a checking account for each property I get. Should I get a savings account too?Once the checking account gets over...
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