I posted this in another area and the title was probably misleading. I think this is a better place for it and the title is better. I've been renting properties in Phoenix AZ for about 6 years. I've had a maintenance...
Can someone tell me a bit about the 1031 process. What I mean is, I have a property I am selling and I'd like to 1031 it. Do I have to place all funds I recieve when I sell into the new property? Or, can I only pla...
Are there any resources that one can use in order to "design" a payment structure on a "lease option"?I am trying to do one with a motivated buyer on a out-of-state property I own which needs quite a bit of work.I hav...
Looking at a 1/1 apartment in South Tampa Fl which is a hot area right now. Apartment was great only downside was that there was a slight smoke smell. It wasn’t overpowering however it was noticeable. Is that the kind...
Hello everyone. I am finally a member! I have followed the forum and the BP Youtube channel for over a year while at the same time self educating myself on the world of REI. My wife and are currently searching for our...
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...
Well I had the mindset on buying my first single family home and living in it with the intention of renting it out to tenants in the future. But after hearing the advice of the people here I have changed that mindset...
Hey BPers. Triston Murray from Chicago! I wanted to share a little bit from a recent deal that just got appraised. I consider this my first pure investment, since the Chicago 2 flat I already own and rent is also my p...
I have owned a single family home for about a year and dont make a lot of cash flow from this property. I have great tenants who pay on time and are super easy. I live in California and manage the property myself wh...
Hi all! Recently saw a trending thread about this, so here's a fun case study for the community to support or tear apart. I am at the early stages of looking at the property: "motivated seller", large plot of good lan...