Jim Witten
Some 1031 Specifics?
Hate to ask same old questions others ask. However, I've read multiple articles on 1031 basics through Googling, but have failed to find answer to some specifics. I'm in CA by the way. I don't expect answers to all, b...
Sean Maiden
Best Single/ Multi Family Locations for Beginner Investor (<300k)
Hi all,I am currently considering investing in either a single family (3bdr+, house hacking with roommates), or up to a 3 unit multi-family (living in one of the units). I moved to MA a couple years ago and I'm still ...
Lloyd Segal
Economic Update (January 4-9, 2021)
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Zach Terhune
Tenants Pay Partial Payment After Eviction Started
We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...
Brandon Turner
Have you done a 1031 Exchange? Let's talk!
Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
Ed Long
First Commercial Property (20 units) - Advice Requested
Hello,
I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...
Alex Aronson
8 mortgage limit from Fannie MAE/MAC
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Nicole (Dunlap) Pendergrass
Need help with creative structuring for my LOI on a 16-unit
Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
Scott Hensley
8 unit under contract! Due Diligence advice?
Hey BP!I now have an 8 unit property under contract in North Carolina. This is my first commercial purchase and first multi-family. I would like to hear from the community any advice, tips, or lessons learned for th...
Lewis Christman
Tenant gave notice & now got a dog - how would you play it?
A tenant gave me notice and I confirmed it and posted a letter on the door as well as sent certified letter. She has broken the front door and basically messed up the unit. She is to be out at the end of April. Now...