Hello everyone! Im going to try and keep this simple. I have two rental single house family units in casa grande,az. Both bring in close to $800 cash flow. Equity approx 150k combined.I have 50k saved and another 20-3...
Hey all,I live in a condo here in Southern California that I co-own with my parents as "Tenants in Common." They had a cabin property that they rolled over via 1031 exchange into this condo back in 2007. I put a small...
Hi my name is Dominick Stogner and I am very new to the real estate game. I hear a lot of talk about a 1031 exchange. So my first question is "what and how do you use a 1031?". And also one day down the road I want to...
What is the way to get the best possible deal for a buy and hold rental property? SFH or MFH is OK.
I am considering the following:
MLS bank owned
MLS short sale
find my own short sale
aution.com style fake auction
...
A developer has a property under contract right now, he has the engineering done so that he will be able to develop the apartments. Meanwhile he is selling a property that is in another town and would like to 1031 the...
A young potential tenant (college dropout I believe in early 20s) has applied and has excellent credit score and credit check but the credit history is just a year long or so. Trying to setup the business so no W2/Tax...
Apologies for posting so generally, I have been trying to search the BP file place, but the search appears to be not working or working poorly. Can someone point me to a purchase and sale agreement with seller financ...
Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
Is it possible to structure a deal with seller financing and then do a 1031 exchange into a 721 exchange? The background of the deal is that the buyer desires a low down payment and prefers seller financing. The selle...
Aloha, I'm wondering if anyone could offer some perspective on what you might do in our situation (or what options we might have). A situational backstory, and I will do my best to be succinct; My husband and I are in...