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Results (1872)
Greg B. Dowsides to this lease option strategy
18 February 2019 | 2 replies

I have an interesting purchase strategy being presented to me, and I wanted to put it in front of the community here to help me poke holes in it. The situation:  I have a family member who wants to help me out in grow...

Powell Slinkard Turning Large Garage into Secondary Suite
27 March 2015 | 2 replies

Hello All,I wanted to post this "idea" of mine and gather everyones feedback. The neighborhood in which my aunt lives has decent size land plots, my aunts house is approximately 4000 sq. ft. In addition to this she ha...

Nisarg Gandhi Opened an LLC, bought a flip, sold a flip... NOW WHAT?!
7 July 2022 | 8 replies

Hi All,My wife and I just began our real estate investing journey and we're pleased to say we just flipped our first home. We know nothing about the taxes side of things and were hoping to connect with a CPA that is a...

Greg Rusianoff Difference between Homeowners Insurance vs. Umbrella
21 April 2016 | 5 replies

What is the difference between Homeowners Insurance and Umbrella? I own 5 SFRs through an LLC. They are all in one LLC. I am concerned, because one of them is not up to code, and it will take some time for me to get i...

David Zhang New Member from Chicago
24 April 2016 | 8 replies

Hey there, BP Community!My name is David and I'm currently living in Chicago, Illinois. I've been looking into ways to gain some passive income for a while, but nothing got me quite as excited as BiggerPockets.com and...

Jeff Klein Must I exchange into property which is debt-free?
15 February 2018 | 4 replies

I am selling my residential investment property. It is debt-free. I want to exchange into a management-free investment. If I buy property which is leveraged, will there be a consequence in a future 1031 exchange?For ...

Mark Dawsey Is Milwaukee Michigan a failing market?
6 June 2017 | 8 replies

I am a new investor looking to make my first deal, since I live in a small market (Tucson, AZ) I am now looking to invest out of state. I am looking to buy and hold tri/fourplexes. I came across Milwaukee Michigan and...

Michael Hayworth 1031 Exchange Into a Property Already Under Contract?
31 May 2022 | 4 replies

I have a mid-size mult-family unit under contract. There is an opportunity to sell one of my existing 4plexes quickly through a wholesaler to help with cash flow. Is it possiible to 1031 that money into the purchase o...

Naoko Potts Bank loan under LLC vs individual
30 December 2020 | 5 replies

This could be a question I should have posted under bank loan but since I’m still very green, I decided to post this question here. For my first property purchase, I’m looking into conventional bank loan. My original ...

Syed Shah First Time Landlord - Precautions?
18 November 2020 | 7 replies

So living in a townhouse in Northern Virginia and will be moving out, so planning to rent out the existing one.Have been reading about it and have few questions:1- All appliances work, paint is in reasonable condition...