John Cook
4 Unit Apartment Complex Rental Analysis in Northern California
Long time listener of BiggerPockets - finally decided to take the plunge and ask for feedback & analysis on the transaction below. Numbers are pro-forma done by me. Property is a 4 unit 2 bed/1 bathapartment compl...
Jake Thomas
$25K property to a $400K Lake House using 1031 exchanges
About 2 years ago I drove by this horribly ugly blue house that I could barely see from the road. I had been reading BP posts about driving for dollars and finding the seller to buy it. After an hour of google searchi...
Yossi Barazani
Got a letter saying that the house I just purchased at a trustee auction is cancelled.
I purchased a house in a Trustee sale auction a week ago. Three days later
I received a letter with the funds returned and no other explanation.
I called the trustee office and my understanding is that they decided t...
Account Closed
Can you do a 1031 exchange of a personal residence (trick question)?
When you read section 1031 it is very clear that personal property is not included in this type of exchange. Homeowners that qualify though can take the section 121 exchange.
There are circumstances though that a 10...
Dave Grosse
newbie Q's I'm probably asking too late
I've got a few here and I'm feeling really stupid asking them!
1. We buy using an option contract. Haven't closed a deal yet, but are getting close. we haven't had any complaints from the banks about using an op...
Cody L.
Wholesellers - Stop. Read this. Wholesaling is ...
...Dumb.
[Sorry to be mean. My comments as an owner -- rant ahead]
Seriously. How much are you guys paying for your "lists". How many of you think buying a list of: owners that got a red tag. owners that got an...
Michael Guzik
Those who can't succeed... teach?
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
Sarah Jones
guns in rental unit
I'm in los angeles california and i found out today one of my military tenant has 2 guns with him.... this is very scary for me... i still have 2 rooms to rent.. for the new people coming in can i put a clause in ther...
Rubin Thomas
should I rent to a family with 4 dogs?
so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
Will LHeureux
Good Tenant for the past year. Would you raise rent?
Would you raise rent in a good tenant that has paid on time without issue for the whole year?