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Good evening, BP. My wife and I need some help evaluating a potential investment property in my old hometown. Here are the basics, please let me know if you have any additional questions and I’ll do my best to answer:...
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This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...
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Hi, I am a newbie a this forum, but I have always read them seeking advice and knowledge. Our family is a military family, that will be moved to Fort Hood, TX at the beginning of next year. We have always been interes...
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If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
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Hi I currently own a rental SFR in another state which I used to live in. I have a VA loan on it as of now. I am debating selling the house and buying a small apartment complex or mobile home park.
Is it possible to ...
I currently rent a condo in Illinois - 60030 - and had a military family in the home since Jan 2013. I did collect a $1300 deposit upon signing of original lease. Just this year, there was a change in orders and the l...
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My wife and I are new to the real-estate world. We have been scouring countless threads and listening to multiple podcasts. My question is do we sell our home and use some of that cash to our advantage in buying a few...
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Hello, I am a wholesaler from Phoenix, Arizona. I recently had a property come across my desk in Franconia, New Hampshire. Very upscale area - number look good but it is a very small town less than 2,000 people, great...
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I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
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I am looking at a park that is being sold for 12% cap rate which is lower than I would like (prefer to be at a 13-15 cap for this area). It is an off market deal that I came across and have been talking to the owners ...