Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC...
I am curious of something. If you sell a property, and do a 1031 exchange with the proceeds, but don't need all the proceeds for the down payment of the next property, are you taxed on the additional profit that isn't...
Hi All, would anyone know the following for the Indianapolis market: • Low / Medium / High end rehab costs per square foot?• Addition costs (additional bedroom, bathroom, etc.) per square foot?Thanks in advance!
Hi All,I am lending money to one of my friend's friend, he is putting his home on mortgage.couple of questions. 1.how to make sure that I am on first lien. 2. home insurance declaration says my name as "additional in...
Hi guys, so I love in Orange County CA where the market is just outrageously high right now. I’m looking into alternative methods to house having and MFH run for $700k+ out here.
At the moment, I live in a detached ga...
Starting out in REI, (wanting to househack soon, and buy a duplex). I bought a single family last year and wanted to rent out. However, rents are low in my area, and wouldn't cover my current mortgage. Hence I need to...
Could I purchase a duplex and add 2 units to make it a 4-plex with an FHA 203(k) loan? I know you are able to use it for rehabbing the state of current units but is it possible to add additional units as a part of the...
Hi Everyone, Background:I own a tri-plex in los angeles... rent controlled.. one of the tenants lived there when i acquired the property.. his rent is 750.00 - current rate is approx 3k He has full access to the only ...
Hello Bay area folks!I am looking at a property that I can potentially add another 1000 SQFT (from 2/1 to 3/2 or 4/2), and wanted to get a general rough estimate on the cost I should expect. Based on quick google sear...
Hey guys, someone told me to check out Bigger Pockets when I asked this question elsewhere, so I'll give it a whirl by seeing if anyone here has any opinions about this. I'm a full time landlord now with three proper...