Hello I presently have a duplex under contract and am hoping it will close sometime in December. I'm planning to 1031 the sale into another property.My ideal situation is to 1031 this duplex into a new construction ...
Hey BP,I'm truly trying to get a firm grasp on how a HELOC works. My wife and I are currently considering taking one out on the property we live in to purchase our first rental property. The problem is I'm still unsur...
Hi, my name is Jorge Castro. I live in Guadalajara, Mexico, 45 years old, married for 17 years with 3 beautiful daughters. During the last 18 years, I have been working as the CEO of my family business. At the end 200...
When it comes to tax and financial planning I am dumb as a stump!
I always find out about tax consequences too late.
By way of an example, a few years ago I had a substantial amount of fully vested c...
Here's the short version:I'm a residential investor in New Jersey. I've begun looking in Chicago for bigger deals and have been very lucky to have found a great broker and an even more amazing (future) property manag...
I'm closing on a property in North Carolina - and the attorney office that is conducting the closing has had some significant communication issues, and has done some odd things (sending wiring instructions to my lende...
I am a mortgage note investor and end up with a fair number of non-performing notes. A percentage of these will turn in to REOs. I typically sell my REOs off-market for cash to investors or on-market in the conventi...
Interesting letter from the VailDaily:
Letter: No, I can’t rent to you for less than my mortgage
Opinion | May 8, 2022
This is to the renters and keyboard warriors out there from a landlord. A number of years ago, ...
Good morning. My tenant has lost his job. Two weeks ago I hired a property manager because he is an high maintenance tenant. He has not informed me or property manager of his situation yet but I know because I have...
I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...