Tim Jernberg
1031 exchange questions
I've never done a 1031 exchange before and have a couple basic questions. FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...
Meghan Custer
Property Management Professionals - would you allow DIY repairs?
Hi BP,I am new to investing (still looking for first property) and have some questions about using a property management professional..I have not met/interviewed with any local companies at this point in time.I know t...
Ken Yearwood
First property visit. What to look for?
BP
I will be visiting a fully rented 11-unit property this week with the intention of buying and holding.
Does anyone have a "checklist" of things you like to see and/or document while visiting a property? Are any ...
Gary Coles
FREEDOM BANK OF GEORGIA CLOSED BY FDIC; 17TH BANK FAILURE OF 2009
Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...
Dave House
South Florida Short Sale
A friend of mine is in a difficult situation. He's "way underwater" and in danger of losing his home to foreclosure. BofA has a first and is in the process of foreclosing but there's a private lender who has a secon...
Todd Bullinger
New Lease, No Tenant
Hopefully a few of you can shed some light on this situation for me. I've had a property vacant for 1 month and just signed a new lease with what seemed like a good tenant (and he still might be...I did all the prope...
Oscar Macal
Realtor not selling home. Lease Option a better solution?
Hey guys,
Yet another question for you all. :D
I've been doing a lot of driving around for deals in my area of Texas for a Lease Option on my spare time and what I'm noticing is, I see a lot of properties with Rea...
Rod Mcdaniel
What can be use as collateral and leverage?
Ok guys, I need a little professional insight and guidance!
I’ve obtained a commitment to fund a project from lender A (65%). Can I use the LOC as leverage or collateral to secure additional funding from lender B (...
F. De Rop
Buying Property in France Tips
About the house of his dreams may have found preparations for the purchase arrangements. These are essentially the same as in the rest of the world, the differences lie in the details.
...
Charlie McKenzie
Multi Family building values
I am of the opinion that multi-family(MF) building values are set to decrease over the next five years. Here is my reasoning:
1) MF are sold based on Cash on cash return. When interest rates return to their normal ...