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Seeking a bit of guidance on SDIRAs. Background: I own a handful of properties in Maine and am looking to grow my portfolio. My grandmother has a sizable IRA and is becoming more and more apprehensive about her tradit...
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Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partne...
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I caught wind of a home in my uncles neighborhood that is to be foreclosed upon in “the next 30 days” according to the homeowner. The potential sale price is something I could pay cash for. The owner and I have discus...
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I have a section 8 tenant in New Jearsey. To name a few she damaged her unit and the unit under her and not willing to pay for the damages that she caused (I had both places fixed). Changed the lock without my knowled...
Hello fellow real estate professionals! I’m just starting out on my real estate investing endeavors. I’m looking to create as many checklists/spreadsheets as necessary to ensure I’m doing my due diligence in all matte...
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Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
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Going to co sign on a property with a friend and own 50% of home that is currently used as an airbnb. Plan on keeping that way. Was advised to get an operational agreement laying out all the terms, and then do a warra...
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I'm looking at making an offer on my first investment property which is HUD home. The listing agent said there is no power and the power will not be turned on for the inspection.
Is this typical for a HUD inspection...
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Can you do a 1031 Exchange for an auction property? Has anyone done a 1031 exchange at a foreclosure auction or any other type of auction? In most counties in my area you have until 5pm the day of the sale to pay for ...
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I currently have 8 SFRs/condos and I would like to eventually trade them up into apartments. Here are my questions.I am afraid of selling my 8 SFRs/condos and not having anything identified to exchange into. Can I f...