Lue C.
Can Multifamily Syndication Deal Do 1031 Exchange?
Hi,I have invested in a multifamily apartment complex syndication deal. The Sponsors said when the Company (LLC) sells the property in 5 years, they would try to do a 1031 exchange and roll the proceeds of the sale i...
Eian Siddiqui
Where does the excess money go after an auction?
Hello, I am a starting my journey in real estate and learning whatever I can about the business. I went to a couple of auctions around my neighborhood and was curious about one thing. Where does the excess money go af...
Billy W.
Check this deal out - what do you think?
Hi,
I have found a guy who is underwater on his investment property. The guy bought the place for $156K in 2005 and now wants $70K for it.
4 Units - 1b/1ba
Rents are $400-$500
Lower/middle class neighborhood
Needs...
Account Closed
Assigning Contracts Were Seller May Not Want To Pay The End Buyer's Agent Commission.
In cases where an end buyer will be using their buying agent after signing a wholesaler's assignment agreement, and there is the chance the seller will walk on the deal because of the buying agent's commission, can ...
Sophia Brown
Analysis Paralysis
Good morning BP, This is Sophia and it's 1:30 am and i have been reading the beginners guide to real estate investing. It's a very good book, and i read about analysis paralysis and its so true i'm guity to reading an...
Jeff Small
New str not ready to rent yet
Hello fellow BP members. I will be putting my new STR on line to acquire some rentals for the 2018 summer season. The reason I am putting up so late is my renovation talk longer than I expected. I expect to have it on...
Pat P.
starting eviction but asking for only posession at this time
A check was deposited in my account by a friend of my tenant to cover her rent - this check bounced. This account the check was written on was opened just prior to the deposit and the funds were never available - che...
Amos Raymond
To breech or not to breech?
Found a single family that was converted into a two unit home years ago. The seller’s agent presented the property as such but all comps were amongst other single family units which are doing great in this up & co...
Tikvah Schlissel
Trucking job to start?
Hello, I am 16 and starting to plan my Real Estate goals. I was looking into jobs to start off with to save capital, surprisingly truck driving came up. In Texas a driver makes 150-200k a year. Do u think this would b...
Sam Kensinger
Hard to get Financed
I am a newly single dad going through a divorce. I started a new job 4 months ago that pays heavily on commission. I do quite well but because I don't have 2 years of that commission demonstrated, I can't qualify for ...