Kevin Smith
Looking for 1031 exchange property starting in 2016
I have held some single family homes since 2000 and I wanted to start selling them in 2016. I can absorb one sale per year but anything over that I was hoping to 1031 into something that is more hands off. I know very...
Ayana Mingo
Banks double closing
Does anyone know where I can find a lists of banks that do or don't do double closings? Or can someone tell me right off hand. I would like to wholesale reo's in the future doing double closings.
Thanks,
Ayana
Joe Stout
The house across the way - yard sale house!
Investment Info:
Townhouse buy & hold investment.
Purchase price: $155,000
Cash invested: $40,675
Planned to split into a duplex at first but didn't want to ruin the beautiful layout for when it ...
Account Closed
Purchasing a property from my soon to be mother in-law
Hey BP guys and gals. I am a larva in the RE world. However, I have been studying and tracking real estate strategies for about four years now. Figured I'd run this past you people. So my fiance and I have been togeth...
Michael Leeson
Advice on splitting equity/cashflow with partner on rentals?
How would you advise splitting equity/cashflow on rentals in the following scenario:I will provide 30% down payment and oversee rehab and management. My partner will provide 70% down payment and financing.Thank you!
Yuriy Grytsulyak
I need guidance BRRR or flip
My partner and I have been looking for our first deal, here's what we are putting offer on today:Twin, 3bed 1 bath, 1100sq ft, asking 85k, rehab 40-50, ARV 180-200, potential rent 1300-1400.The plan is to buy the hous...
Elizabeth Colegrove
Depreciation Value: Personal to Rental
I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?
Rodney Turner
First Time Buyer of a Wholesaler Property
Hello,I am an experienced investor who has acquired off-market properties, but now I have an opportunity to buy from a wholesaler. They have asked me to submit a standard offer contract, which I just sent to them, but...
David C.
Security from someone other then tenant
My tenant rented the property. Her girlfriend gave me the security even though she is not the primary tenant. The check was in the girlfriends name not the tenant. Who gets the security back? The person I rented to or...
Greg Devlin
Delaware Medical Office Building
I am invested in a grade A medical office building in Delaware, which I invested in 10 years ago. Cashflow is good, but some of the investors are nearing retirement age. We are trying to figure out if we should sell t...