Jen Narragon
Multi-unit investment properties are the way to go...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,090,000
Cash invested: $218,000
Quadruplex in the historic district of downtown San Luis Obispo. Bonus b...
Ian McNairy
Question about Tenant estoppel - first time investor/landlord
Hi All,Happy to say I just closed on my first investment property. Its not been an easy process. As part of the deal we received an estoppel for the back house tenant. After closing we gave 30-day notice to this tenan...
Tar-U-Way Bright
How could I use my LLC
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
Bruce Gardner
Percentage Split for Partnership Deals
I'm trying to figure out a fair way to split deals with my son. I'm a brand new RE investor (haven't even done my first deal yet!), and planning on partnering with my son. He's the brains, lead generator, agent, and...
Mimi Booker
HOA about to foreclose, house is vacant
I just attended our monthly HOA meeting, where I found out that the HOA is about to foreclose on a house. The house is vacant, and the bank has not started foreclosure yet.If I can reach the owner, is there any possi...
William Schlicher
First 1031 and advice on options
This is my first post on BiggerPockets and looking for any and all advice! We are selling a rental property in Northern California and want to 1031 into....? We have not lived there in 5 years so I do not want to pa...
Petya Toncheva
Which adds more property value, a new office or another bedroom?
Hi BP community. I have a question and I eager to hear any and all feedback. Here it is:
We currently own a 2 family home of 2000 sq. ft and we are going to finish the attic BUT we are not sure if we should designat...
Shea Spinelli
Deduct or Capitalize - Placed in Service Exception
Hey BP Members, quick question. We purchased 12 units in July 2017. In November 2017 we added an additional unit. Wouldn't we qualify for the exception @Brandon Hall discussed as Myth #5 in his article '7 Common Myth...
Evan Molyneux
Looking into taking over the family business.
My parents own and operate a restaurant, bar, RV park and motel all under the same sole proprietorship that is in its 12th year of business. They have built a business that has become a pillar of the small community o...
Brian Winn
Refinance to increase cash flow before future 1031 exchange
Hi all,My wife and I have live in Boise and have an investment property in Twin Falls that we put into service about 6 years ago. Our goal in real estate is to have enough monthly cash flow to pay for our primary mor...