I have a question regarding a 1031 exchange.   I just purchased my first flip and should make a nice return on it.  My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...

Some questions for people who've done deals subject to existing financing.

1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?

2. I heard that...

Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...

I've tried searching the forums, but can someone walk me through who is being paid, and what their doing as far as closing costs are concerned with MAPS?

As far as I can think, it would only be the title company need...

Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...

Hey Folks!I'm zeroing in on a deal and I need some advice on the funding. The MF I'm looking to purchase is looking for $150k cash purchase, you can probably guess I do not have $150k sitting around. I'd estimate the ...

Hello BP community!! I value your advice and know there’s no better advice than from the doers, so here I am seeking advice from doers. I just worked a 15 hour day and the whole time the thoughts that ruled my mind wh...

Hi All,

Nice looking forum, I have a feeling I'm going to learn a lot here. I'm learning as much as I can about rental properties and will be picking up my first property in the next 3 months. That being said, I do n...

Hello! I own a multifamily rental. One of my tenants has a history of being very aggressive toward women, including one of my tenants (who did call the police and file a report, which I have), and his girlfriends. His...

So I've been dealing with a bad tenant situation since February of this year.  Filed an L1 to evict for non-payment of rent and also filed an L3 because the tenant finally agreed to vacate but then changed their mind ...