I have another scenario to discuss. Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary. So here is the scenario:Sold Property for $85,500, original purchase price was...
I am looking at putting money from my work 401 K into a real estate 401 K. What are the advantages of doing this and does anyone know of a good provider
Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly? The financials look pretty sound to me. HOA's are high, but overall seems like a good bet on the outs...
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Hey BP fam. I got a question I'm sure people run into this problem with separate utilities . I have two meters in a three family home how could I separate that besides having another meter installed is there something...
Hello, I have lurked on this site for a long time and leeched a lot of great information. I finally have something worth registering and posting about.I made a long winded post regarding a contractor that wants more m...
I have the opportunity to buy a mobile home park. I asked a broker I know about multifamily investing opportunities and he showed me this property. It is not listed on the MLS. It is 5.7 acres, currently has 12 mobil...
Hi all! Still kind of new to all of this, so bear with me...My husband and I have a duplex (he had it built in '96) and it's nearly paid off ($38k left). Thing is, we're not seeing much (if any) return. Never have. To...
Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...