Gustave Stroes
1031 Exchange - Buy Cash or Finance?
I think this is the right forum for this question...I have a rental property with high equity and low cash flow. I am thinking to sell it and exchange it via a 1031 for other rental properties with better cash flow.Th...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Christopher Gallardo
Imperial Beach Market
BP San Diego,Is anyone familiar with the Imperial Beach Market? My wife and I are looking at purchasing a SFH in the IB area to live in for 3-5 years before renting it out. We currently own a MFH in Logan Heights so I...
Dale T.
Bank said no to Buyer because of transactional funding
Wells Fargo Denied a Short sale that I was working on because they said the buyer is using Transactional Funding. They said he is an investor and is Flipping, so they will not do the short sale. Anyone have any input ...
Charles Chang
Time to sell two houses and buy apartment building?
First time poster here, please bear with my inexperience. I am in my mid-forties and live in the San Gabriel Valley area. Currently, I own two rental houses with no mortgage in Southern California. The first one is in...
Ken Rishel
Louisville Show
Are you planning on attending the Louisville Show January 18-19-20 in Louisville, Kentucky? If not, why not?The Louisville Show is open to all community owners and retailers for free and is the largest industry gather...
Stephen Sawrie
cashing out a SD IRA
so if your LLC, owned by your SD IRA, owns X number of properties by the time you hit 59 1/2, how do you move it out if you wanted to? (hope this question makes sense)
Jerry W.
I MUST BE CRAZY
Ok folks I am looking for input. Am I cutting it too close because it is a creative financing deal? Here is the situation. I met a fellow awhile back when I was in city hall who was registering a fourplex he and ...
Jon Klaus
How I turned $1000 into Five Million in Real Estate in My Spare Time
What were William Nickerson's key strategies? Leverage and pyramiding.
http://www.youtube.com/watch?v=EzxrxiSFx50
Lincoln Coverdale
Mold found during purchase inspection and Seller won't negotiate
We have a 3 unit under contract in the Cleveland Ohio area and found mold in the basement (unoccupied common space) and the 3rd floor (occupied space). We brought in our mold remediation contractor and had an assessm...