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...
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 ...
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 ...
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...
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...
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 ...
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...
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 ...
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. ...
As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...