I'm selling a house in North Carolina and buying one with my friend in California. Both are SFR rentals so I want to do a 1031 exchange.
We are doing a "Dscr" loan and the banker said it needs to be bought in an LLC....
Hi all, i was wondering if anyone has experience moving from buying multiple quad/triplexes, and then moving to larger commercial units like 20+ unit apartment buildings? what is the advantage of moving to these large...
Question for you 1031 experienced investors. I own 3 rental properties (duplexes) which I would like to 1031 into 1 larger purchase (12 plex). Can it be done or is it a 1 property for 1 property deal? Thanks for any a...
Hi BP Community! I am new to commercial investing and would love to hear how you found your trust worthy commercial real estate broker in your area and how you were able to establish win-win relationship.
Fortunately, I actually like my parents. I'd actually enjoy having them live downstairs in the finished basement apartment —if I only had one. My parents live 7 minutes from me in a rental house. They're at an age whe...
Hello BP Forum'ers,I haven't posted in a while -- but wanted everyone's take on a fairly common question, but with the uniqueness of my actual numbers, figures and situationGoal -- grow passive income quickly through ...
I have noticed there are quiet a few of MFH properties on the market, mostly duplexes, on sale that already have tenants in it. Also some of these properties have remodeled rooms and exterior. I guess I am wondering i...
Hello! I am in the process of purchasing my first investment property in Atlanta, GA that I will fix and flip. What is the best insurance to get? I read other forums that say Builders risk and vacant home insurance bu...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $740,000
Cash invested: $148,000
Two side-by-side multifamily buildings, each containing six units (twelve to...
I've always been told that once you get above a 4-plex things tend to get a lot more complicated due to the classification change. Wondering how much truth there is to this and what the actual differences are between ...