George P.
new agent charged me 6% to lease the property, not 1 month's rent
so, i have been doing this for awhile. with multiple agents. i loved my previous agent, but she reduced her workload due to pregnancy. She referred me to a guy that listed a house 2 weeks ago.We talked, i liked him, h...
James Hamling
How will the death of the 1031 impact you???????
The end of the 1031 exchange.... It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoke...
N/A N/A
rehab vs flipping
I am not clear as to the difference between rehabbing and house and flipping one. Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a ...
Michael Glaser
LLC: Which State Is Best?
Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...
Account Closed
BRRRR Strategy Explained & Cash-Out Refinancing
I've read a bunch of articles on BP but still can't get my head wrapped around the BRRRR strategies and specifically the financing parts of it... Could someone help me fill in the gaps?Obviously BRRRR stands for:B - B...
Marina Wong
Special financing creates value
I am a first time investor in multi family. In the process of purchasing a multi family in Lowell, MA. The seller is financing at 15% down, 5% interest rate, 30 yrs amortization, 15 yr balloon payment. Due to this,...
David Roberts
Forming LLC to govern the rest of LLCs
This will likely be an easy question for some of you.So, if I generate 3 LLCs, 2 of which hold 1 rental home in each, and the 3rd which is the main LLC that owns all other LLCs under it...How do I make that true? Wh...
Wade Alderson
What Do I do If I Inherit a large sum?
My father died 2 years ago and left everything to my wonderful step mother. My step mother has made it very clear that the balance of her estate is to be divided 3 ways between my sister, my sisters daughter/my niece,...
Meghan McCallum
Is investing in Chicago brilliant or ridiculous...go!
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
TJ H.
Developer building high-rise behind me-want to buy my twin duplex
Hi,My sister and I own a twin duplex near Philadelphia, PA. The other (half of?) twin is own by someone else - and it's also a duplex, owner occupies one unit, other unit is rented out. Our twin duplex is rented out a...