When doing a 1031 exchange, I know I have to target 3 properties. I heard that I do not have to buy one of those 3, I can buy a different property not targeted, is this true?

BP, I need your help. I am a first time investor. I've been trying to decide what kind of investor I'm wanting to be either fix-and-flip or buy and hold. I'm not sure how much I want to be a landlord at this poi...

Hello BP members,My name is Dan and I live in Marshall, VA.  I am an active duty military member and new(ish) to the Northern Virginia area.  I have limited experience in RE investing.  In the past I have done a few d...

 The 5 Basic Phases of Value-Add Multifamily Real Estate Syndications
Do you remember the 5 paragraph essay structure from elementary school? Having guidelines to introduce a central idea, provide 3 supportive paragr...

We're in the process of purchasing our first rental property in San Diego (2 detached units with 3 beds & 2 bath each) and close at the end of April. We just had an inspection done and went back to the seller to s...

Was having a discussion with a gentlemen the other day and we got on the topic of “finding off market deals”. Of course everyone and their mother has their own way and I don’t think there is a wrong way. However, it g...

I'm working with a retiring landlord who wants to sell of his portfolio of properties.  He's skittish about seller financing, but would consider it with 40-50% down.  My plan is to keep a few that would make good flip...

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $512,000

Cash invested: $30,000

Sale price: $645,000

30 day rehab and parcel split. Sold as individual u...

OK, so approximately a year ago I made an offer on a short sale, agreed upon a price with the home owner and the bank accepted the offer. A week before closing a significant amount of structural damage was discovered....

Hello BP Community,I'm in discussions with a friend to co-own land as an LLC, and each build a home on it.  I have a few front of mind questions, but would appreciate any comments relative to blind spots I might have....