Nina Phillips
1031 exchange for one unit in a 2 family house.
Upon selling my valuable 2 family house in which I hold the deed , do I qualify for a 1031 exchange on my rental unit (which was originally occupied by us but has been rented out for the last 5 years) as well as qual...
Clay Alexander
Trying to decide where to go from here...
A quick bit of backstory, which may or may not be of interest. My wife and I became owners of a rental by accident back in 2011. We had purchased a home in 2006 and were looking to move to a larger home. Due to the ma...
Malcolm Douglas
Contribute to 401k or pay down HELOC
Wanted to hear some peoples opinion on this question.Due to maximum loan restrictions for a 30 year fixed mortgage on a 2-unit building in Chicago, a portion of my loan is being financed through a HELOC. The interest...
Enrique Kratz
How feasible is to be self-employed after law school?
Hey guys,
I am currently self-employed, and I'm considering going to law school. I provide educational consultations to my clients. However, I feel there are limits to how much I can charge with my current job(market...
Kevin Sha
Need some advice for parents - to sell or not to sell?
My parents bought 2 condo/townhomes a few years ago. I didn't know this until now but they've already paid off the mortgages for both properties maybe 5 years ago. But they just said they are thinking about selling th...
Nadir M.
2019 goals and 401k??
Hello everyone,
Throughout my 2018 experiences in RE, I have decided to set some realistic new goals for the New Year which I am really looking forward to. Before I do, I wanted to reach out in hopes of obtaining som...
John Thedford
Anyone Get A GREAT Rate On Owner Financing?
You don't know what someone will do unless you ask. I recently had a guy ask for me to give him a free box of ammo. My answer was: it is worth money! You are asking me to give you free money! HELL NO! LOL! True. Anywa...
John Devereaux
Eventual Realtor & Aspiring Investor -- Providence, Rhode Island
Hi BP Community,I was blessed to stumble upon the biggerpockets podcast about 4 months ago. I always knew I had interest in real estate but didn't know the right steps to begin my journey. After getting hooked on the ...
Charline R.
Advice for problem with neighbour
Hi There, I own a commercial property in Ontario, Ca. On May 30th I received an email, with no introduction, no photos, no invoice, from the residential property owner who lives behind my property telling me that s...
Dalton Lauer
New Condo Pre-Construction Investing
Has anyone invested in pre-construction condo's before? There's a really nice new condo building being built on the intracoastal in Fort Lauderdale which the builder is asking 20% down pre-construction, another 10% do...