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Hey BP family,I have a Primary SFH that I lived in for 2 years, moved out, and have been renting it now for about 2 years. I plan to refinance it soon to get a better interest rate and to get rid of the PMI. Can I s...
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Hi folks,I'm looking to put my commercial property on the market. I've never worked on selling one before. I've been talking to a commercial real estate agent, and they sent me a sample of their contract.Is there any ...
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Hello all,I'm curious how you would handle a situation, or if it has happened to you, how did it play out?I've got 7 properties (4 traditional SFR rentals, 3 room-to-room rentals), all insured with one local broker. O...
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I am selling a 2 family I had purchased with an FHA mortgage about 4 years ago. I lived in the property for 2 years but now its just an investment property. Am I able to still do a 1031 exchange when I sell it?
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I wanted open this questions to @Brandon Hall or other BP investors who have experience with 1031 exchange.Suppose that i have a property in Chicago that i purchased for $400,000. Over the years, I have taken a deprec...
Hi all,Long time lurker and first time poster. I have a finance scenario and am trying to figure out the best way to go about it.My Question: I have a family member that's in need of housing and I'm in search of an in...
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My in laws gifted my wife a lake cabin property. It is currently in her name legally, but remains under the 5 year lien window for about a year which would allow a healthcare provider / assisted living etc to access ...
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When responding to a counter-offer from a bank, what is the best response?
1) inch up the price by $500 or $1000... or even $1500.
2) respond with the same price firm
3) "Serious" counter offer, i.e. 5-10k more.
If i...
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Hello all my BiggerPockets. Reaching out as my company is relocating me and I have been trying to find a property manager to manage my property in cutler bay fl. Any recommendations would be greatly appreciated. I fou...
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Has anyone heard of "Micro-Flipping?" Can someone explain this, please?