Kevin Rufty
Financing Question - Acquiring Land for Tiny Homes
Hi all,Long time BP fan and lurker here. We currently operate 2 STRs and are pursuing acreage where we'd like to build a few tiny homes/cabins. We're running into some financial questions/challenges that we're hoping ...
William Donaldson
Acquiring All Units in a Condominium Complex
I'm evaluating the opportunity to submit an offer for all ~100 individually owned condominiums within a complex built in the ~1960s. Most of the units are owner occupied, with a few investors like myself owning 1-3 u...
Teppei Kuwamoto
How to acquire cash for Sheriff Sale
Hello,
I have a general question regarding how to acquire cash for Sheriff Sale without paying out-of-pocket money.
NOTE: 10% on the auction day and the rest will be needed to be paid full within 10 days in Wisconsi...
Clark Love
One of Many Mobile Home Parks acquired
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $500,000
Cash invested: $100,000
I own multiple properties in Tennessee, Mississippi, and Alabama. I don't r...
Mohammad Ali
Acquiring a Property through Quit Claim Deed
Hello CPA's @ Bigger Pockets,If I acquire a property through a quit claim deed as an investment property with the intent to rent it out, can i depreciate this property? IF so, what value will I use?RegardsMali
Justin Peila
Vehicles Acquired with Property in Washington State
We recently purchased a foreclose at auction and it appears we also will be getting at least one torn apart car if not another complete car. We have people to come get the torn apart one but may be interested in keepi...
Mark Wainscott
How to acquire properties with no money
Are there any investors who truly are buying or acquiring homes with no money? Or rough credit issues regular bank loans may be out of the question? The gurus make it sound so easy like the old Carlton Sheets stuff. ...
Janice R.
Selling a property acquired through 1031 exchange
All 1031 experts!I sold a condo in 2006 and used a 1031 exchange to buy a townhouse. This year we will sell the townhouse. I'm having a hard time calculating the taxes owed. Depending the taxes, we may just to anot...
Felix Sharpe
Bank Has Acquired Property; What Happens Next?
Hello BP,The questions are ultimately, (1) how do I attempt to acquire this property and (2) what will bank do next? For background, I came across some tall grass on a property that would do well as student rental. It...
David Goldstein
Using Custodial IRA to acquire a property...
Hello All. I would be grateful for some counsel re Custodial IRAs. Is it legal to use my IRA to make a cash offer to acquire a property with an LLC, and then in turn to sell that property to myself with conventional b...