Willis Seng
Tax question for flipping houses
If I were to flip a house and sell it within 6 months after purchase, would I qualify for 1031 tax exchange? or would there be a time period I should hold the property until i can qualify? Should I flip then put it u...
Justin B.
How do I warn future Landlords about this tenant
Hello BP!
I remember coming across tenant screening sites that allow landlords to put comments down about past tenants to forewarn future landlords. Does anyone know of any sites?
This tenant is from h...
Minna Reid
Dual agency in a short sale
Would the bank ever know or care if I represent both parties, or should I have the buyer go unrepresented?
Michelle R.
Shopping/strip center tenant non-permitted use question
We bought a shopping center two months ago. It's our first shopping center, after previously owning 4 warehouse/flex industrial uses. The center is very well maintained with tremendous upside- the previous owner was a...
Account Closed
Am I doing it wrong?
I've been analyzing 10+ deals (SFR and Duplex) a day for about a month - mostly MLS, but I've also hooked up with a few of the wholesale firms in the area. I've actually walked about 5 properties, but have only offer...
Marcus B Hsu
renters with 7 parked cars in AZ, some inoperable
I have a renter in a SFH in Chandler AZ, Type B neighborhood. The neighbor of my rental complained to me that the renter up to 7 cars in the front of the house. one van has a smashed front end and blown out tire sitt...
Account Closed
First Time Home Purchase of a Duplex-Financing?
Hello All,I live in St. Louis City and I am a single female looking to buy a multi-family unit as my first time home purchase. I plan to owner occupy one of the units. My question is—what is the best way to finance a ...
Joshua Wolpe
Contractor Compensation Question
I'm new to the site and had a question about GC compensation on a flip in Denver. I have a contractor (good guy, have worked him in before, he's in demand on projects). I'd like to work off a partnership with him to...
David Jiang
How should vacancy affect owner expenses in a DCF analysis?
Hey Everyone,I'm trying to put together a Discounted Cash Flow (DCF) analysis of a potential 5 unit commercial property that I'm looking to purchase. I'm new to running this type of analysis so bear with me.In calcula...
James Brand
South Philadelphia: Bedroom addition MFH
Hey all,Looking to convert extra space on a Multi-Family in South Philly into a bedroom. This conversion would allow the now 1 bedroom unit (converted from studio) to have private access from the exterior. The only is...