Hello! My name is Chris Drumm and I live in the NW Houston area. I am interested in networking with people to learn more and find some real estate professionals that can help us out. My fiance and I own one rental ...
Hi,
I am looking for suggestions on strategies for doing a 1031 exchange for my rental condo (1.05m value in the Milpitas Transit Area). Currently, the rent pays for PI/PT/Insurance.
I plan to buy 2 properties in ...
After I sold a flipping property ( single family residence), can I use the profit to purchase a rental property ? Is this qualify for 1031 exchange?
Second question, may I use the flipping profit to purchase a renta...
Here is the deal, I am selling a unit I have had for 20 years and lets say it goes for 350k. I have a property I would like to buy for 610k that has a single family home and a rental unit in the back. The rental unit ...
I am relatively new to the BP community, however, my wife and I have been listening to podcasts for a few months now. We purchased our first home in January utilizing the VA loan. I want to start a discussion with tho...
Hello BPers!When preparing my financial presentation to Private lenders and Banks, what do I need to present, and how should I present it?
This is my second 1031 exchange, however this one is unique.I have a contract to sell a property to a City and I want to enter into a 1031 sale.Since my buyer is a city/town with a town counsel and funding options tha...
Just closed on a duplex in Anchorage with @Vance Foster. Both units will be listed on Airbnb. Looking for recommendations on several things:
- Mattresses (sheets, pillowcases, etc): Do you buy in Anchorage or order ...
Hello BP, Hoping some of you experts could weigh in on this one or point me to where it's been asked before on the forums.I have rental property that I'm planning on 1031x this year. I'm aware of the rules for finding...
Im considering selling a rental property and doing a 1031 into two separate properties. Both properties total costs will add up to the cost of the property I'm selling. The properties I'm looking at combined, require ...