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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!
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...