Steven D'Agata
Underground fuel tank contingency?
I'm considering making an offer on what I think is a good deal. Its a sfh that I would like to brrrr. 25,000 list price , 70,000 arv, will rent for 1,100.Viewed the property today and it has an underground fuel tank ...
JJ O.
[1031 exchange into TIC] Cost basis and Depreciation
First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
Gernot Bucheli
Still a newbie and making a lot of mistakes
Hi everyone. I'm going to need some advice. Some months ago I signed up with a program that uses Facebook to attract motivated sellers. My wife did not want me to sign up for it, since it cost me $9,000. I tried to wo...
James Ritter
Asking Price Includes Rent Increase ROI? Ultra Specific Questions
I am new to analyzing properties and keep noticing something that I am not sure how to understand. Here is an example below. No intention on buying it, its just for example purpose for analysis training.18 Unit CondoS...
Sasha Tetera
Buying a rental property as a person or LLC?
Hello BP community,
I hear that buying a rental property as a person yields a better interest rate than buying as an LLC. I also understand the costs associated with the property transfer from a person to LLC, as we...
Christian Beebe
Peculiar Situation, Have Properties but can't refi or buy more?
So in trying to figure out the best course of action on this, figured we would turn to the geniuses on this forum.Have been investing for 15 years, mainly single families and about four years ago purchased a 26 unit b...
Elizabeth J Humphrey
Tenant has bought home, another 4 months left on lease
My tenant has informed me that he has bought a home and will be closing on the home in early Oct. and plans on moving out that month. That leaves 4 months left on his lease. He has said he will honor the remainder of ...
Carlos Fong
If I want to sell for $450,000 how much rent should it produce?
Hi Everyone - I just purchased a duplex in Miami, FL at a good price and I am looking for a quick sell. I don't currently landlord any properties so I wanted to ask the professionals. If you were buying a duplex for ...
Miles Wicker
Best Place to Start Turnaround Park
I recently purchased my first park after reading Deals on Wheels several years ago and looking for smaller parks in my area. The park I purchased is currently empty after years of decline with an older owner that appa...
Vidit S.
Is it true I can get a low rate mortgage with a LLC/trust combo?
Hi - I have saved up some cash aside and I am looking to break through this year in rental property investing for long term buy and hold for cash flow. My main aim is to have a proper legal structure for asset protect...