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I am selling my home and plan to do a 1031 exchange toward a foreclosed home. Is this transaction too difficult (time to get offer accepted in 45 days too challenging vs. a non-foreclosed home)?
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Let’s say a realtor drove the seller to the closing just to bust you as a wholesaler. Let’s say the realtor highlights the assignment fee on the HUD and now your $40,000 check isn’t there. And now the realtor has plan...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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Hello everyone!I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.All of the properties are in my name and now I need to decide my ins...
This is the first I've seen this and can't find a definitive answer, hoping someone smarter than me can share input.I have recently switched management companies for one of my properties and now that we have a new ten...
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Hello everyone. I'm closing on my first investment property in two weeks. Thanks for all the help leading up to this. Question: I'm inheriting tenants in one of the units of the building. The seller has offered t...
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So I took over two new MFH's that already had tenants in them. Unfortunately, the seller's lease never had any disclosure of possible lead paint. The homes are both pre-1978. I do not think I can give new leases wi...
While I'm not new to investing, I'm new to RE investing and would appreciate some input from the BP community. I'm looking to get started with buy and hold rental properties. I would like to buy SFRs or townhomes that...
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4 Owners of this 2 unit 3 br property. Wow very long story will do my best to make it as short as possible. Changed the names just in case. .lol Owner 1: Carol, took a 2nd mortgage on her house to buy her daughter (O...
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I have gotten myself into a bad situation: utilities are still in my name months after tenants moved in.
I do understand the error and how to avoid it in the future: please don't tell me what i should have do...