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I read something along these lines (but correct me if my understanding is wrong): that if you get into a partnership and purchase an investment property (e.g SFR LTR 50%-50% with a partner), and then some years later ...
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My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...
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Hi BP forums,I'm currently doing research to figure out what a buy and hold on a small multifamily property (2-4 units) under $800k would look like in the Chicago market. For context, I'm only at the very beginning of...
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Hey BP,Just wanted to throw out a speculative question to pose to all of us familiar with the Oakland area.What's everyone's opinion on the time it's going to take for the majority of East Oakland to see the gentrific...
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Hello everyone,I am having trouble getting answers regarding a split use property that I am about to purchase. The property only has one house number and per appraisal is a single family residence. However, there are ...
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I have a 10 percent interest in a nice apt complex in an upscale part of Milwaukee. We have run 97% occupancy for several years and so have competing properties. It is in great shape. Our property manager has suggeste...
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Hi!I'm a new landlord. I just put a listing on Facebook and got a message from a guy who said he has a service animal and my no animal policy doesn't count. I checked out his profile and he's a trucker and can run ar...
Hi BP, is it possible to 1031 exchange an sfr to another sfr of lower purchase price, yet include rehab costs within the 90 or so days (can’t remember the time limits) to make it cost more? This may be a common quest...
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A local flipper presented me with a house flipping JV opportunity. She already has hard money lined up, but needs me to fund the 20% up front and the rehab costs. She will be handling the contractors, so I will most...
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Does anyone have an idea on what fair cap rate is in seattle? Everything in my area seems so low. Also is it common for seller to want 10% earnest money held back after feasibility test?