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I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...
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Hi,
I am close to buying a out of state multi unit property. Any property manager charges ten percent of rent. I am wondering if anybody is managing his or her out of state property without keeping a property manager ...
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In late November, I created a website and the main purpose of that site was to find leads. Through some pressure by my lovely girlfriend, I started blogging in order to establish some authority in my farm area. A lot ...
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As a landscape contractor most of my competitors are uninsured but I find homeowners seem to care more than landlords about insurance, why is that? This is a generalization to elicit feedback but my comment is based o...
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I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
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I have never purchased a turnkey property before so I am not familiar with the process. So correct me where I am wrong.
A turnkey operator finds or builds a property. Then after the rehab or building is done, they pu...
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Hello BP!
At the end of January, I closed on my first rental property for $5,000 total purchase price. The seller's husband had died recently and already moved into another house, so the property was a major ...
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I am just starting to make offers and noticing that the list price is consistently around 30% more then the price that makes sense that works with the rental calculator. Should I make many offers and try to see if I c...
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My husband and I have a new multi family house that we rehabbed and have ready for rent. We are up in the air if it will be a pet friendly or no pets allowed property. But I had a possible tenant ask about a dog (pit ...
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Hey guys,
I'm a currently a rehabber that wants to buy and hold (and reposition) my first apartment complex. I've read about it ever since I was just in my teens and fell in love with the idea of economies of scale. ...