Devin Bobulski
Risks by second lien when first lien has foreclosed on home
Thanks in advance for the advice.
There's a home that is close to my primary residence in Wisconsin where Wells Fargo has foreclosed on the first lien. The sheriff's sale has been delayed over the past 6 months and l...
Mike T.
Newbie from Chicago Interested in Multifamily Rental Properties
Hello Everyone,
My name is Mike, I’m out of Chicago and I'm completely new to the world of real estate investment. I first became interested in real estate after reading the book Rich Dad Poor Dad by Robert Kiyosaki...
Tyrel McAllister
Real Estate to Bitcoin Investing - Easy change?
The value of bitcoin has skyrocketed, has anyone here cashed out yet for REI purposes? It seems ironic to use a highly volatile currency to fund a sometimes volatile industry. As real estate investors, do you find the...
Jeremiah Fender
Improve and add a second unit or cashout and purchase.
Interesting situation that I am analyzing and could use some ad(vice), questions, discussions to help me flush out the nuances of the two options. My wife and I purchased a house 4 bed/ 1 bath (built in 1937 @ 1500sqf...
Account Closed
Potential foundation issues - should I walk?
Hey everyone,I'm a second-time home-buyer/investor and have some foundation questions I was hoping you could help with. I currently have a duplex under contract in north Florida that might have some foundation issues....
Trevor Carver
How to Legally Avoid Capital Gains in Utah?
We live in Salt Lake City, Utah and we bought a house a little over a year ago as our primary residence. We will be selling it for a profit that will put our annual income well over $80K for the year but want to make ...
Nick Maniscalco
Tenant Lasagna Damage
One of the tenants in my duplex poured a tray of lasagna down the toilet resulting in sewage backup and $450 worth of remediation. Impossible to determine which unit is responsible and both deny they did this. Do I ta...
James Palassis
Can 1031 be used to paid down loan on your identified property?
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
Zach Wittmann
Details of structuring a partnership?
Hey BP community, I was wondering if I could get some feedback on examples of how other people have structured their partnership with another investor who is solely a financial partner (silent partner)? What are your ...
Wilson Manigat
Is BRRRR really and equitable strategy in todays market?
Hello BP Buddies,I know the common answer to the question would be, "well, it depends...", but I am truly curious. No need for snarky remarks, just trying to create a think tank here. As an investor, if you purchase a...