Hello BP Community, For Private Money lending is there any specific paperwork involved? If so does it need to be taken to an attorney? The reason I ask is because if the other person does not pay the PM Lender the mo...
Can one do a 1031 exchange to purchase a multifamily property (2-4 unit) that will be owner occupied? I know it would be considered a personal residence but it is also an investment property. Gray area?Thank you for a...
I want to invest in my first property, but I have a significant amount of college loans outstanding. Does anyone have any advice or suggestions related to how I should determine when I should focus on paying down my d...
Hi! I have a prospective tenant who submitted his application today, he told me his employer (not a national company) will be paying for his rent. How do our BiggerPockets landlords here handle screenings on that?
I...
Hope all is well, I have been a full time investor for about a year now and I've been investing in real estate for about 2 years altogether. I'm 26 years old and I live and invest in Tampa, but also looking to invest ...
Hello All!I just sold my rental property, I am near the end of the closing process and getting my funds put into a 1031 exchange escrow. Ideally, I am looking to purchase two single family properties off of these fun...
Bonus DepreciationIf i purchase a new construction as investment and put in service for rental, upgrades on top of the base price of the House(As sold by builder), can I deduct it on year 1? Example, if I upgraded t...
Last year, a woman purchased a Japanese restaurant in Milwaukee, Wisconsin for $840,000. She wanted to renovate the restaurant but was concerned about the construction costs. After doing some research, she realize...
Hello all,I'm trying to get my feet wet in commerical real estate-specifically multifamily properties. Need someone that is reliable, knows areas to avoid, and can provide great and timely feedback. I'm new to this so...
So I know the power of the 1032 exchange, and many have used it successfully and swear by it. But I have been thinking through the pros and cons and in general just don't think it is compelling enough.Assuming I have ...