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I'm from Mississippi and am extremely new to Real Estate but I'm at a point in my life where all my life's knowledge points directly at Real Estate. I'm currently living in Los Angeles and found a single family 2br po...
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Hi I wanted to 1031 exchange a SFR that's currently rental and upleg into an SFR and rent it out to a daughter. Would that be OK I would still accept rent and do depreciation etc but my daughter would live there and ...
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Hi Everyone Not sure if this is the right forum but I wanted to see if anyone as any thoughts on buying a portfolio or many units at once. I have a possible deal if I decide to move forward with it. My thought was I w...
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Hi all! So, we’ve had a tenant that’s passed away and no heirs we are aware of. We aren’t looking to recover unpaid rent, but need to find out how we can legally get possession of the property again so we can sell it?...
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Help fellow BPers!Here is my situation: my father is trying to retire and owns an auto repair shop in Madison, Wisconsin free and clear. It is about an acre in a high traffic area and would be a great place for condos...
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Hello, I have a client that has 500k in gold that will be selling it in order to purchase a property. Not sure how that will affect him personally for tax purposes, any advice would be greatly appreciated. Does anyo...
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I am a small-time landlord with 6 SFH rentals, all of which were purchased to be rentals (retirement income - I spend an inordinate time worrying about retirement lately) and all have been rented since purchase. I ...
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I have one duplex and am focused on low income housing and ready to buy another property. Now, when looking at new properties that I'm interested in buying the ones I come across and go look at always seem to get boug...
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I've been following the forum for the last few months. I have been looking to make the jump from SFRs to MF and researching and analyzing "potential" deals very diligently.I have found what I would consider "a perfec...
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Hello beautiful people of BP,Title says a lot, but in my specific case, I'm under contract already (selling my 12 units for 1031 exchange). In fact, we're set to close in 2.5 weeks, this all happened very quickly. How...