Cory Dahlquist
NEED HELP FROM BP COMMUNITY
I wrote a post on one of the BiggerPockets Facebook groups but did not get a lot of feedback, so hoping for more interaction here! I'll try to keep this short while still providing numbers and details...
My family a...
Charles Phanumphai
Anyone bought a foreclosure back in ~2008?
Did anyone buy a foreclosure back in 2008... what was your experience like? What worked and what didn’t? What was competition like? How long did buying/closing process take? Would love to pick your brain if you’re...
Michael Modesto
Disposing of Currently Rented Property
Hello everyone.I'd like to dispose of one of my rentals here in CA. Since it is cashflow negative, and just recently above water in equity, my plan is to dispose of this house. This will free me up to acquire more ...
Janne Zaccagnino
Building Rent Houses
I have recently bought 4 subdivision lots in a good area of Memphis Tn. Good schools, desirable area and not a war zone. New houses in the area have recently sold for about $$130,000. (1708 heated sf. With a 1 car gar...
Matt SF
Discount for Cash Offer on REO Properties?
I'm interested in buying a few REO condos/townhouses in Florida using 100% cash.
But I'm curious... how aggressive of a discount (if any) should I include in the cash offer for these REO properties?
The banks proba...
Dan Keem
Exit strategy for 1031 exchange
I hope this finds you well! I have a scenario I would like your input.
I have had a rental property for 10 years. I want to access cash by selling it except there’s a big capital gain on the investment property. So i...
Joyce D Raphael
How to Fund a Multi-Family Unit that requires complete Rehab
I have an Opportunity to purchase 5 unit mult-family property in need of substantial rehab. Currently the property is empty. Comps show ARV of the 5-unit is $607,000. Monthly Revenue potential is $5200/mo. The purc...
Daniel Mills
Reserves for Multi-Family
Hi guys,I own 8 SFHs and keep a reserve of 6 months PITI for each property. I'm in the process of buying 38 units (19 duplexes) with a couple of partners. We are trying to decide how much money to keep in reserve for ...
Nate Santillanes
what is your tax strategy during buy-and-hold growth phase?
As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...
Joseph Pelensky
$100K+ in Equity, no down payment, how do i buy this deal?
I currently own a duplex in Philadelphia that is worth $285k conservatively. I owe roughly $75K.
I found an off-market, 6 unit deal that is owned by a customer of mine i'm interested in purchasing. She's asking $700K...