Richard Chang
Exchange - Rental Property to Commercial Property ?
Hi all,I have a duplex in Orange County, CA that I have held for 25 years and I want to consider an exit strategy. I have deducted 25 years of depreciation which would need to be recaptured on normal sale ( ouch ). So...
Nicholas Fehr
Value-Add Fourplex in Atwater Village, Los Angeles
Investment Info:
Small multifamily (fourplex) value add.
Purchase price: $1,425,000Cash invested: $300,000 (inclusive of $20k rehab cost)
What made you interested in investing in this type of deal?
I'm starting ou...
Eric B.
Should We Get Them to Pay or Just Evict Them?
My partner and I acquired a house in Abingdon, IL via over the counter sale in late 2019. Two months ago, we found out that there is a couple living in the house. Naturally I assumed they were squatters, so I contacte...
Chris Rinker
New Investor
Bought a duplex as my first investment property this past October. This property also serves as my primary residence as I rent out the other side to pay 90 percent of my mortgage. I am looking purchase three or more ...
David Brenneman
Nursing home foreclosures
What happens to homes that are taken by nursing homes to cover medical expenses ? Is it sold by the nursing home? Sold to a wholesaler? Auctioned off? It seems rather hard to find information on these properties. Anyo...
Shaun Williams
Selling the Numbers to Private Investors
Hi BP community,I recently started my property portfolio using a bank loan, and decided to explore private investment to speed up the growth of my portfolio.I have an investor friend who is interested in backing me af...
Kevin Seiler
First Investiment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lawrence.
Purchase price: $162,740
Cash invested: $42,083
This is a duplex.
What made you interested in investing...
Lacey Hunter
Condo in the heart of Wallingford
Investment Info:
Other buy & hold investment.
Purchase price: $335,000
Cash invested: $68,000
Sale price: $635,000
2 bed/2 bath condo with in-unit laundry, secure parking spot, storage unit a...
Heidi Hughes
Anxious about doing a 1031 Exchange
Hi BP,Feeling anxious about doing a 1031 on a property in CA. We want to get out of the Berkeley rental market and are looking to diversify and get more cash flow. Our long term tenant is looking to move, finally. ...
Jake L.
Cash out Refi vs. HELOC for a buy and hold investor?
Sorry for the newbie question but I wanted to confirm with BP that it makes more sense for me to cash out refinance vs. getting a HELOC.Current situation:$190K balance on primary residence (Property A)Fair market valu...