David Casas
Auctioned Fix And Flip Condo in NJ
There is an auction starting very soon on a property. I am looking to close quickly. 2 bed 2 bath condo unit. Bid starting at roughly 27k. The unit is in complete disrepair (All appliances, carpet, cabinets, kitchen, ...
James Palassis
Can 1031 be used to paid down loan on your identified property?
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
Stephanie Cortez
First multi family
Hello! I am feeling really anxious concerning a potential buy and want to know if I am making a good decision. I am closing on a duplex in booming West Philly which has a bonus unit in the basement. I could potential...
Foster Zlab
House Hacking Rooms To Rent - First House
I recently bought a single family house and had a lot of questions covering rooms to rent out. I currently live in the house and have 1 room to rent with a potential second room to rent with a little rehab.1. Should t...
Steven Anderson
Mother receiving rental properties after divorce
Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...
John Meurer
Questions - I want to sell my duplex and offer owner financing
I want to sell my duplex and offer owner financing. Location Milwaukee, WIWhere I need feedback is...1. If I sell the property and the buyer occupies one of the units. Do I need an RMLO (Dodd-Frank)?2. If I sell t...
Benjamin Riehle
Empty Schools Provide for a Unique Investment in Kansas City
What caused the vacant schools?
Kansas City is not the only metropolitan city that has closed schools in recent years; Detroit, Philadelphia, and Chicago all closed a large number of schools as well. Unli...
Greg Teplansky
LLC or Business entity service companies
So I'm pretty no to REI and I'm hedging on starting an LLC to put my first STR into. When you start reading about this and searching the internet one thing I find is true... there are many LLC formation services that...
Marc M.
Checkbook IRA LLC Questions
Hello BP,I have a small (<$50K) Roth IRA that is currently 'self-directed' with Etrade to purchase stocks. I have read many posts on here about buying Real Estate with an IRA or Solo 401k (which I qualify for, but ...
James Smith
Inherited properties
Hello community, I have recently inherited two properties with challenges. The first home has no mortgage or lien, but has late property tax of about 1,700. The other home has a mortgage of 18,000 remaining and la...