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This past week was a pretty good week for my real estate business in getting several new houses under contract. Each seller's situation was different, and each person had a different personality type, negotiating sty...
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Hello BP! I am not technically a new member at this point. I have been looking around BP and been listening to the podcast for over a year now, but this is my first official post. My name is Jonathan Herdina, I have l...
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So the title might be a little extreme, but this is our first go at this and aren't sure. We are supposed to close on our first flip tomorrow! It is a townhouse we bought at the courthouse and luckily the rehab was j...
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Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
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So first time I made this post in another forum, a "pro contractor forum" lol, I was cut down, told I was stupid, and then banned for not being a "contractor" all in a couple hours. I laughed it off, after wondering h...
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I bought an HOA foreclosure in December 2017. I did so with the intentions of negotiating a short sale with the bank, as there was an existing mortgage on the property. I hired a lawyer who got as far as talking with ...
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Hello BP community, we have done a couple of 1031 exchanges into apartment buildings. Next year, we would like to sell one of our smaller properties (a 4-plex) and do a 1031 exchange to defer capital gains taxes. As e...
Spec builder wants to build on an expensive ski lot I own. He is willing to pay full price (even 5% over price in a year), but give me nothing today. He wants to take my lot with what I guess is an option, along wit...
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Hi, I have some questions on 1031 exchanges that I need to know before I make my next investment decision and I'm hoping somebody can help me with. Here's my situation:I have two investment properties: A condo which ...
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I had a question for you smart and wonderful people. Speaking generally, in appreciating markets like Denver, or in my hometown of Colorado Springs, does property tend to appreciate faster than rental rates? And is th...