Ruel K.
Increasing Rent after kitchen upgrades?
I have a townhouse for rent. It was built in 1989. It has new carpets for the 2 bedrooms and new laminated hardwood floor for the living and dining room areas. The kitchen is pretty much outdated. If I replace the upd...
Angelica Rose
Buying Condo/Apartment Out of State as First Property: Good Idea?
Apologies if this is not the correct category. I'm extremely interested in purchasing real estate and renting out rooms for profit. I would ideally like to be a live in landlord (rent out the extra room or two), howev...
Account Closed
1031 on an underwater property
Anyone ever done a 1031 exchange on an underwater property? I'm currently researching it and would like any advice / experiences of the members here.A little background ; I have a condo - bought as my primary residen...
Account Closed
Seller not budging on price
Hey BP ,i know it's been a while since I was last on here, I been trying to get myself together. Well I just took my first step in wholesaling by sending out direct mail pieces and I received a call about 2-3 days aft...
Daniel Gomes
Newbie looking for info
Hi everyoneI am new to the group And I am just starting out and thought this would be a great place to start! I am looking for others to connect with to talk real estate and learn off of. Some of my simple questions t...
Jay Ash
What do you think of this deal?
Hello, I found an 8 unit building on the South Side of Chicago. I'm in San Diego for work but i'm from Chicago I will definitely need to get property management. The first months rent fee cuts into my cash flow for ...
Jonathan Ramos
How to talk to potential sellers
After searching for potential sellers. I have gotten in contact with several sellers but they are all giving me prices above market value. If I think the homes are valued at 350k they are asking for 400k.What are some...
Kevin Hassold
Assessing a Multi-Family Property's Value
Hello BP,I am looking to purchase my first multi-family property and I am unsure what is more important in assessing how much I should pay for the property. Should I base what I believe the value is for the multi-fami...
Mike Thompson
Roth IRA - Cash Out or Roll into SDIRA?
I have 90K or so in a Roth IRA.I’m interested in using it more effectively.I currently have one rental property.I don’t currently have a real estate investment LLC, but I’m thinking about making one.I don’t currently ...
James Weddington
Wrong Square Footage
I live in California. I purchased a home for $285,000, 3 bd 2 bth 1920 sq ft. My new property is in escrow and closes on Oct 10, 2017. I used my 1031 towards the purchase. My bank has come up with a different square f...