So the buyer of my 2 duplexes (side by side properties) has asked for a single escrow to save a few bucks. I am looking to do a partial 1031 exchange; around 50% of the total proceeds but not clear as to whether the s...
I've never done a 1031 personally. Would absolutely get someone qualified involved. That said, I have a client with a condo she bought for $100k and is now selling for $190k. In order to comply with 1031 rules, does s...
Hello bp,Have a question about older homes. I just recently purchased a two family home built around the 1900's. My concern is the plumbing and electrical. The plumbing has old copper lines with some old shut off valv...
I have 5 rental properties and 6 houses I've sold on contract. My insurance guy has talked me into carrying replacement value insurance. Most of my monthly ins. cost average to be around $45-$50/month for most prop...
Hello BP! I'm beginning to look at properties in Indianapolis - both flip and buy and hold opportunities. There is one specific property that came across my desk that I'm seriously considering... The numbers look dece...
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
I am considering this property and think I have the right numbers. I was hoping to CF $200 per property and this one comes close. Numbers are pretty spot on - maybe slightly on the conservative side. Property is wort...
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Hi All,
I have an rental property in Houston, TX that I would like to 1031 exchange into a duplex in California. Only caveat is that I would like to live in one unit of the duplex and rent the other one. My question...
Hey everyone,
I am planning to invest in Milwaukee this upcoming 2 months, Buy and Hold with 85K after all the costs (Duplex or single).
I have been checking those neighberhoods:
Harambee + wiliamsberg, Silver spri...