Robert Ian Oldroyd
Parents want to invest and so do I.
Hi BP, So Im a senior about to graduate. Im already married and my wife and I are very excited to get started in this line of work. Im a firm believer that if there is a will, there is a way. A possible opportunity sh...
Shawn Holsapple
Indiana AirBnB
So, I'm about ready to close on a property that I was thinking about using a test for AirBnB in the Indianapolis area.Does anyone have any advice on dealing with this type of rental vs typical rentals?I know I'll need...
An Duong
Self Managing Multifamily in Pawtucket advice?
I'm buying a 4 family in Pawtucket. Thinking of trying to self manage for a little bit. Anybody have any suggestions on where to find good contractors (plumbers/handyman/eletrician etc). Maybe like an angie's list ...
Tal P.
When it make sense to get exchange 1031?
Hi,I am trying to figure out if it make sense for me to do exchange 1031. I bought unit in $465k cash and sold it in $555k this week. I am trying to figure out if it make sense to use exchange 1039 because of the "low...
Gen Acc
Shoul I sell?
Hello - I am not a citizen of this country. I bought a property in 2007 at $333,500 putting down 10% and taking an 80-10 first and second mortgage. I am seriously contemplating getting rid of it now since I am on a wo...
Yuta Tamura
Cash-out Refinance a wise decision?
Looking for some wisdom from my fellow BPers!I am considering doing a cash out refi for a rental property purchased in July 2017 with a 30 yr. 4.375% fixed, for the purpose of acquiring acquisition capital. With the g...
Shawn M Hannan
Flipping as an agent, for a client
Hello All,I've been working with a lower-income buyer who is anxious to stop renting and start building equity in her first (owner-occupied) home. Due to her income and debt-to-income ratio, she will definitely be go...
Michael G.
Why use a Realtor
Seller called me today about a property she owns and wants to sell. No distress physical or financial. When asked if she would use a realtor she said no...she wanted to save on the commission.
What do you tell seller...
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
Jimmy H.
Lease buy-out
I have a bank property I am interested in. I know such an investment, with the majority of your tenants going to be banks, could be quite risky. I know federal regulators are trying to diminish the number of banks and...