Anne Pitkin
How to offer landlord a win-win deal for 5 properties at $2.5M?
Hello BP!The Portfolio: Five multi-families (All 3 units, excellent tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today: $2.5M
The Background: My landlord (let's call her Sara) owns 5 propert...
Benjamin Torres
Purchasing in Houston, TX -- In's & Out's
Good Afternoon All,
I am part of a group of investors seeking to build pipeline in Harris, Montgomery, Fort Bend, Brazorla, & Galveston counties beginning in December 2020.
So, we are looking to build relationsh...
Jo Jennings
Tax implications for deciding not to rent out property
We are in the process of buying our first investment property. We aren't going to do this as a regular thing. Our situation is that we wanted to purchase a home in the area we want to move to in a couple of years and ...
Alec Saenz
Can I 1031 my way into a Large Multi-Family?!
Hello Everyone! This is my very first post on BiggerPockets and I have to say BP is AMAZING. From the website layout and ease-of-use, to the many different avenues that constantly provide great information like the B...
Kat Hughes
To 1031 exchange and BRRRR or not?
Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
Robert M.
Tenants want to buy my rental property in Philly - should I sell?
I own a one-bedroom condo in a desirable part of Philadelphia (Fairmount/Art Museum). I paid $265k for it in 2015 and am lucky enough to own it free and clear. I moved away from Philly last fall and listed it for $275...
Kazi R.
Is this triplex a good deal?
First of all, I absolutely love this site! Since discovering it few months back, I have learned so much from all the people who contribute here so selflessly! I am looking forward to learning more and contributing ...
Kimberly T.
How to decide whether to 1031 or just buy more...
Background info: We currently own our house and a triplex in CA and 2 fourplexes in AZ, and we have some money saved up. We would like to get into the 5+ unit realm of investing, in another state. We plan to move...
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
Jeff G.
Qualifying a buyer for owner financing
Hi all. 2 partners and I are trying to sell a SFR via owner financing, and we could use some guidance on what we should / can / can't do regarding qualifying a buyer. Credit check? Current employment? Employment histo...