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I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
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Hello everyone,I own a restaurant that is on the MLS for sale. Once it is sold I am going to get into real estate investing. The restaurant is still in operation and must continue to operate until it is sold. My whole...
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Hi all.I am thinking of selling a few properties in 2016. I would prefer to do a 1031 exchange on them to avoid paying the tax, but most markets in the US seem overbought right now (both SFH and multi-family). I am a ...
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Anyone who has invested in real estate has probably considered or participated in a partnership. Let's talk about what works or not! Feel free to use the preset questions here or go off book to share your thoughts!How...
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I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about t...
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I don't want to do the leg-work flipping houses any longer, but I enjoy being in the game.I would like to setup a system where I would Joint Venture with an active flipper for a few projects each year. I am sure there...
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Hey all, I'm looking for advice on how to handle a situation with a newly purchased duplex in Colorado Springs. After purchasing the property just a few weeks ago I was on site to work on some needed repairs. I was ta...
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Hello All, Thank you for your contributions to these BP discussions...Truly helpful information for a newbie investor like myself. Through networking I have been offered to partner on a flip with a real estate agent/c...
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Here in Georgia I have read several advertisements that claim that the purchaser of their home through lease purchase can qualify for the $8000 tax credit. Is this correct. Any comments
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I found this multifamily in Indianapolis, C class neighborhood. They are asking for 1.5 million and a deposit of 25% down. We are going to first offer seller financing and go from there. I am working my network of pre...