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My wife and I are planning on closing on our first property Thursday. The buyer has asked if it is ok for us to close on our target date even though the repairs to the house that the seller is contracted to fix are no...
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Hi guys,
In order to qualify for a 1031 exchange,
1) how long is the property needs to be rented?
2) does the rental income need to be reported on taxes for a certain period of time ? (O sense it probably will b...
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I'm just putting feelers out to see if anyone in the Honolulu/Downtown/Kakaako area would be interested in coming to a monthly cash flow game session, most likely held on a weekday evening or Sunday afternoon. It's ho...
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I had always thought you had until the end of the redemption period in redemption states if no one buys at the auction. I had a short sale pending with Shellpoint and they wouldn't postpone the auction, it was held a...
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Hello again!What are the benefits of an LLC, When should I look into opening an LLC, prior to my first investment purchase or after? Also where do I go to do this? and how much?Thanks for the advice!!
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(MA) Through the COVID-19 crisis I have a tenant that has been out of work, like others. They have reached out to us with concerns of paying rent until they go back to work, which the timeline is not definable right n...
Hello everyone,First things first, I am very new at this and I have never used other people's money for anything in the past. I have one investment property that is working well. That being said I have a business part...
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Hello BP community, Essentially my question to you all is this: if everything on an applicant checked out but their credit, would you rent to them if they paid a years rent up front? I am a 21 year old house hacker lo...
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After 4 months of class and testing, I finally just received my SC real estate license.Are there are any potential ethical dilemmas to negotiating with a seller for a wholesale price on their property within the state...
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Hello BiggerPockets!
I bought my first properly in late 2012 - a three flat on a double lot in the Irving Park neighborhood of Chicago. I moved into one unit, renovation another, and for the last year have be...