Randall D Cheney
recapture expenses from sales proceeds before 1031 exchange
We're going to sell some building lots that we have divided off of our farm, and do a 1031 exchange with the proceeds. We'd like to pull at least some of the development expenses out of the sales money before we rein...
Jayson T.
What is the best way to buy?
Hi BiggerPockets friends,I am about to become an agent and want to buy my moms house from her. What is the most beneficial way to cut costs? My wife and I want to buy it to live in with her grandmother and will be ren...
Jennifer Thompson
Building a Team in Colorado Springs & Pueblo - Join me!
I am building a team in Colorado Springs. We are a few months into our start-up and ready to take the next step. While we are not able to support full-time employees yet...we ARE looking to grow/train some part-time a...
Anthony Liguori
When will it be a good time to buy post Covid-19?
I was thinking of doing a cash out refi on my home and taken a pension loan out just to grab some extra cash to have ready for post Covid-19 housing market drop, if any... Do you think now is a good time to do all thi...
Shannon Frazier
Thoughts on renting to roommates in a family home?
I received a 30 day notice from my property manager stating that my current tenants will be moving out at the end of the month. They went on further to let me know that the current renter referred a set of people who ...
Michael Mies
Looking for some advice to acquire an abandoned home I found
I was driving for dollars and found a boarded-up house in a very desirable neighborhood in Charlotte NC. In researching the property I learned that the city had declared the property as deteriorated and issued an ord...
John Harris
How much does a mortgage company make?
On a $100,000 loan for example, what is typical. Including origination, broker fees, and yield spread? I know every loan is different but what is the average or usual?
James Z.
Looking for good REI group or mentor-type in Washington DC
Hi all - I am trying to acquire (or witness) some real world experience investing in Washington DC. Unfortunately, the man who turned my eyes to this business and was beginning to guide me recently passed away, a...
Brian Varmuza
High offer to negotiate later?
Hello,
I have heard of a strategy that goes as follows. On an REO property with other offers when trying to negotiate with the bank you present a strong offer to hopefully go under contract with an inspection conting...
Scott N.
I'll fix your leaky toilet for free!
No, I'm not kidding. Actually, I'd rather that you had a leaky faucet or dead ceiling fan or hole in the drywall or whatever, but hey if a toilet problem is what you got, then I'll do it. (You pay for parts; if you ne...