Hi BP! This is my 3rd deal, I have a good HUD opportunity and I plan to live in the house but not more than a year, then I’ll sell, what are the consequences of selling before HUD time is over? Thank you!
Investment Info:
Large multi-family (5+ units) commercial investment investment in Sumter.
Purchase price: $2,475,000
Cash invested: $1,348,400
Contributors:
Adam Balsinger
This is a ...
This question is regarding a trailer park, however I think it is equally applicable to pretty much any 1031 exchange. In this situation a park owner owns a park outright (prime for seller financing), and he really wa...
Hello everyone I am a buy & hold investor located in New York and wanted to get some other landlords / buy & hold investors opinion on when purchasing a vacant sfr property do you install a home alarm syste...
Hey all,
A frustrating situation I (first time residential home buyer) am in;
Our inspection came in on a 2 story 1500 sq foot 1920s house(as-is) in Roxborough with 2 major concerns:
Basement - Joint rot that was a...
Hey BP!I rent out a room in my owner-occupied home. I’m currently editing the rental agreement before the new tenant signs and moves in. I had a former tenant from before, and throughout, all of these COVID-19 shenani...
Hello, I'm searching for my first investment property and I've noticed a few properties on the MLS state the property has had long time tenants and the units are all under rented. I'm curious on how to approach this w...
Im seeing opportunities that could possible be great fix n flips. My biggest concern is that if I put a property under contract and can’t find any buyers I’m screwed. I know that this concern comes from a lack of know...
A question I get asked frequently is if it’s beneficial to do a cost segregation study on a single family home. As long as the property is an investment property, not a personal residence, the answer is yes! Determi...
If a Cost Segregation Study had not been performed on this restaurant located in Boiling Springs, South Carolina that was purchased in 2020 for $970,000, it would have had first year depreciation of approximately $2...