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When I look into a 1031 Exchange it seems that the funds from selling a property are meant to pay for costs of buying a replacement property. Ex. Purchase price, Agent commissions,Title insurance fees for the owner’s ...
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I am still learning on Real Estate and I have read many blogs and forums on doing repairs to increase ARV. What are the main items that one can look out for when looking at property to touch up on and make a space mor...
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What would you do?
I have inherited my grandparents home in Fort Smith, Arkansas. It’s been vacant since 6/2023. It’s 2 bed / 1 bath that needs significant work. It’s filled with items some of value, but most not. I...
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Hi All,I've attached an image that shows two methods of running numbers on this potential cash flow property. The left image is highly detailed, the right image is percentage based. Am I being too crazy with the more ...
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Hey BP fam I hope everyone is doing well. Still in the education phase of my real estate career and I have learned a lot just from reading the forums.
One area that I believe I could learn more about are House repai...
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With last years taxes, I was able to write off my rental income down to zero through depreciation, repairs, hoa's, taxes, insurance, etc on my rental properties.Since I do not meet the qualifications to go to $-25,000...
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I had my first snafu this past year when a tenet broke their lease and just up and left. The home was a mess and needed all new carpet, professional cleaning, and a new tenet. This was all happening in February of 20...
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Hello BP,I am in contract with a house in Red Bank, New Jersey and supposed to close this week. I told the seller to leave behind anything she didn't want and I would take care of all the cleanup. She ended up leaving...
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I own a commercial property that a current tenant has approached me about selling to them via owner finance. Which I am very open minded to as I was thinking of listing the property anyways. I have searched a little o...
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I'm looking for solutions to a working but not ideal business model.
I bought in cash a cheap, run down house in a desirable neighborhood and am preparing to rent it as a single family home. I will have 150k into it ...