Hello there everyone I have a quick scenario I would like to mention and see what feedback I get from BP's forum members. Enjoy!
An investor finds a property that is substantial discounted and pays for the property c...
Hello BP! New California REI here... I am currently in escrow on a 4plex, hoping to close early September and begin putting my invested money to work. I have come upon a hiccup and am not sure the extent that it would...
hello. I have been looking at the Huntsville area for a multi family property for a little while now. and I will be in need of doing a 1031 exchange so time is of the essence. I will be trying to keep the price below ...
Hi. I would like your advice on one of my three rental properties.I purchased this SFH in Cook County, IL., in 2018. I paid 168,000 and put 25% down. Over the past three years, I have raised rent to 2,300 (It's Sectio...
I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition. Does the total suspended P...
Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
Was reading 7 Years to 7 Figure Wealth on this site and I'm at Year 5 - basically he takes roughly the same equity I have and trades up his 3 properties for a multiplex, that got me thinking about my current situation...
Hi BPI would like to start a thread that chronologically outline our growth as real estate investors.please think back to your portfolio and pick out the ones you learn big lessons on.please list in chronological ord...
Hey Guys! Me and my husband moved to MO from DFW almost a year ago for a job relocation. To make a long story short we ended up buying a single family house last Aug with almost an acre of land on it. The job relocati...
What are the cons of selling with owner financing vs. Selling conventionally?
I want to try to market to long-term owners of rental properties and see if I can buy some with seller-financing.
Thanks