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Hello Everyone,I am looking for advice on a potentail 1031 situation. My parents purchased a home 18 years ago for $160k. It is now worth around $850k, although they refinanced it once so there is a loan out for arou...
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I'm sorry if this is in the wrong forum, but I'm brand new here!I'm trying to figure out a fair way to split deals with my son. I'm a brand new RE investor (haven't even done my first deal yet!), and planning on partn...
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Hello BP Community - My ex husband and I co-own a rental property (we are on both the title and the note) in San Diego. We are about to put that property on the market and split the proceeds. My questions are ... 1. D...
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How would you handle a tenant (single family home) with a lease expiring on July 31, 2013 that wants to stay indefinitely?
Background
A month ago we informed them that we will be increasing the rent as of August 1st ...
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SFR in Orange County with approximately 100k in equity. Monthly PITI is $4,500.Do I sell? Cash out and take the 100k, invest OOS. Do I rent? Comparable rents are $3,500-$4,000Do I short-term (Airbnb) due to my close p...
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My longterm goal is to get to $5-$6k in rent cashflow per month (not counting cap ex etc). I work a full time job and so does my wife so we're working on real estate on the side and aren't particularly wealthy so we'r...
Hello,
I have been wanting to get into real estate since last year. I have been investing solely in stocks for years and completely overlooked the power of leverage. I have never purchased a property before. I was ...
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Hello BP community! My wife and I found a beautiful house from the 1920's that had been converted into a non-conforming duplex back in the 1980's. It has been grandfathered in as a duplex, but we think it brings more ...
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Good evening,
I have purchased a 3 plex, and it is owner occupied (I will be moving in). The unit that I am looking at moving into is currently a section 8 unit.
The lease ends August 1st, I want to mak...
Lease is coming to term end and landlord said unless BOTH co-tenants move out that I will be liable for the unit. I asked the landlord how I can go about getting off the lease, and he gave a couple of conflicting opt...