I kind-of understand what notes are, but as a Millennial I'm prone to distraction and misunderstanding if the exact answer I'm looking for isn't immediately found on one of the first three links Google provides. We ar...
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Hey fellas,One of the members of our LLC wants to contribute his personal residence so that we can 1031 exchange it up to a larger multi family. If he moves his personal residence into the LLC would that allow us to 1...
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Hi! I'm getting ready to do a 1031 exchange. IRS says the same party must sell the old property and purchase the new one. But, it doesn't say if we can add someone to the new property. For example, we have someone who...
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It came up in another thread that some of you always have your prospective properties inspected. Of coarse I look over each property on my own. I test the electric for grounding, and examine the main breaker panel f...
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I am renting a room in my house and my current tenant is moving out. She recently caused a small burn in the laminate/vinyl floor in the kitchen. The burn is in the middle of the floor, but is only about the size of a...
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Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
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Help!I self manage a few properties, one of which is a house that I rent out to multiple college students by room. I just received this email from a tenant: "I just wanted to inform you that I got a service animal and...
A few years back I did a lease option on one of my houses in Texas. The tenant had 3 years to exercise his option to buy , buy failed to. The option expired above a year ago and so did the lease. The tenant is still i...
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Hello BP. I have invested in several single family houses in Baltimore using BRRRR strategy, it's been great. I want to diversity my portfolio, and I want to get into multi-family apartment complex. I have read severa...
This question may be specific to places like Portland where the city encourages density by allowing accessory dwelling units (ADUs) to be added to properties in residential zones.If I purchase a 4-plex (zoned resident...