Dave Limbocker
1031- Defining proceeds from relinquished property
Two rules as I understand it are in order to defer all taxes in a 1031, newly purchased property must be equal or greater in value of the net sales price of relinquished property and carry the same leverage (loan) of ...
Chris Lohmeier
Defining a Tenant in lease contract
Hello BiggerPockets, I’ve been absorbing all I can for this community for a year or so now but have finally came across a question I can’t seem to find the answer too. I’m in the process of picking up my second SFR r...
Steve Fitzgerald
How do you define a party?
Got a call from the neighbor next to our STR indicating 8+ cars in the cul-de-sac with people coming and going from our rental. We’ve rarely had any issues at this property. The renter was there for just one night and...
Cindy McHugh
Defining Lot Space in a MHP
I bought a 56-lot park in March. It was bank-owned and in poor condition. We've done some evictions and are working to turn the place around. We're at the point of moving in new homes and an issue has come up r...
Katherine Fusco
Defining terms for new folks: "Maintenance"
I have a question about what all is included under the term "maintenance."There are a few rules of thumb out there for estimating maintenance costs (e.g. 1% of property price/year, 10-15% of rent, $1/sqft/year, etc.)....
Alexander Krasne
What Defines a "Good School District"
I am looking for a new deal and one of the ongoing themes that investors like to find is an area with a good school district. Understandably it means a more stable tenant with a family that may treat your property be...
Bevla Reeves
How do YOU define "Market Value"?
Hello All!How do YOU define "Market Value"? I know some investors (including myself) define it as the price the property will sell for on the open market in it's current condition (regardless of what that condition i...
Jennifer Noble
Define "owner occupancy" for investment MFR
Hi All,I understand that if I purchase a MFR investment property and designate it as my new primary residence, I could potentially pay 3-5% down instead of 25% for a non-primary MFR investment. I can live in it for a...
Greg Morey
Defining whether a Property is entitled
I am new at this so please bear with me. I'm shopping financing to acquire <8 acres along the ICW that is already zoned for 9 lots with boat docks. An investor asked me if the property was entitled. The City has...
Sarah Szuhay
Help Defining Strategy for New Investor
Hello BP community! I've been casually learning about real estate over the last year or two but am ready to take it more seriously and make my first deal. My struggle right now is determining the right strategy for me...