I get the concept (number of days, etc), but how was the operational aspect?- Were you audited which seems very likely with 1031s?- Is there a huge delay in filing taxes since the 1031 admin has to liaise with your ac...

I finally mustered enough courage to make an offer this week and one of them actually got a counter-offer!!! I still have to run the numbers on the counter-offer, but assuming I accept, the seller is only giving me 5 ...

Hey there. We currently have a 2-1  residential property under contract. The property is a rental and has had the current tenants in it for roughly 5 or more years. My question is there is no formal lease in place and...

Hi BP, we charge a $50 non-refundable pet deposit and a $25/mo fee per pet. In my mind, this is a nominal amount to help in the event that we have to cover extensive damage that the normal deposit would not cover.I ju...

Hi everyone, my name is Jacob, I'm 19, from central Illinois, and well very interested in investing in real estate. I currently live on my own (renting), and have a great job for my age with a decent amount of disposa...

Hello-All the local banks I have spoken to are offering 5yr fixed/20-25 year amortization loans for multifamily loans with an LLC as the purchaser.  Purchase price 250-500k.  Anyone know of any banks that are offering...

I am looking at 2-4 unit properties that are currently tenant occupied, and would be using an FHA loan to purchase. I know that I must be an owner-occupier to qualify for the FHA loan, but how long after purchase w...

Hey everyone. The rental market around socal is definitely getting tighter. Recently I keep noticing prospective tenants not showing up to open houses that they rsvp to. Obviously this is frustrating for many reasons....

Hello! New investor here. I'm considering acquiring a modest cabin for 50k as a vacation rental after a small rehab (15k).

I currently self-manage a family vacation property with similar numbers and have had s...

Kansas City has long been celebrated for its rich culture, which includes world-famous barbecue, a legendary jazz scene, a thriving arts culture, and a dynamic business community. As the city continues to grow and evo...