Ron Drake
Reverse 1031 Exchange
I am trying to figure out the logistics for a possible 1031 exchange in the future on a rental house I bought in 2002.I may buy a new house and that would be one of the reasons for doing a reverse exchange. I don't th...
Roman Kehler
Training opportunity. Opinions?
Hi. I am totally new to REI and browsing my local(BC, Canada) investor's clubs and so on I found kinda interesting 'mentoring' program where you pay 5000 deposit. However if you will prove yourself as a hardworking, t...
John Prucha
Why the Odd Appraisals?!
Hello everyone!My investment partner and I are on the BRRRR train and have noticed that appraisals seem tightly influenced by offers. We expected a recent wholesale deal to appraise 20-30% higher than our offer. It ma...
Clayton Morgan
What's a fair percent of ownership to bring on partners?
Good morning BP colleagues,I have worked for a number of years to be in a position to build my first new mixed-use development. It is located on a very desirable corner in Draper, Utah. It took me almost four years ...
Kevin Reinell
Wholesale Process Question
Hey BP,I had a few process questions about wholesaling. I am wondering once you have property under contract at a discount from the seller, how long do you have usually to then turn around and find your cash buyer to ...
Christopher Thomas
"Finders Fees" in regards to remote wholesaling
Ok, so I'm just starting out in wholesaling and I'm quickly trying to put my systems in place. I want to start bringing on "property scouts" in different markets to basically submit offers to FSBOs on Craigslist.I've ...
Dexter Bowling Jr
Staying firm with rent rates or adjusting them due to Pandemic
Hello All,
I’m posting here to get another perspective on a current rental property in Fairfax, Va. I am a somewhat new investor. Pre covid, rents did 3k monthly essentially 1k per bedroom for college students at Geo...
Luke Mccandless
Appraisal fee seems really high
My family is being charged $3300 for an appraisal by the bank he is using ( This is for a commercial 11 unit mixed use property in Spokane Wa.) - This seems really high to me ?
Israel R.
Indianapolis, IN Investing
Hi all, I am looking to invest in Indy and would like to find a team to help me purchase, repair and manage the property. If any of you have any recommendations, I would love to hear them. Also, if you have work with ...
George Serlis
Landlord possession of Section 8 unit for personal use
Hello BP Peers,
I’m part of a volunteer not for profit organization that owns a mixed use two family and store In New York. We rent the two apartments (regular tenant and a Section 8) and use the storefront for our ...