Christopher Smith
1031 Rental Property Gain into Delaware Statutory Trust Vehicle
I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles. I really like the concept of being able to utilize 1031 to defer my very substantial SFR gains by reinv...
Account Closed
Wholesale Central Florida
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Yuliany W.
LLC Classification: Partnership, Corporation, or S Corporation?
Hi,
I would like to get your thoughts on this. I recently created an LLC to own my future real estate properties and I also just applied for an EIN. What is the best classification for an LLC which purpose is to own ...
Mark Campo
The right Realtor (Connecticut)
All,I currently have a realtor searching for multi-family properties as an investment in Connecticut. I have several concerns:1. I currently have been pre-approved by a conventional lender (up to 500k), and I also hav...
Riley Gilson
Why do you buy from a wholesaler?
Not sure if this is the best place to get the feedback I'm looking for, but hopefully someone has a keyword filter up just in case.For those of you who buy from wholesalers on a regular or semi regular (open to interp...
John Southard
To all Landlords, what keeps you up at night?
As a future landlord I am interested in understanding what things keep you up at night or make you worry about your property? If your property is in another city/state or if it's accross town. You've thoroughly scre...
Chad Cherry
Rookie Buying a STR in the Phoenix Area
Hi BP Phoenix! #Rookie here. My wife and I live in the North Phoenix area and are looking to buy our first rental property. We are about to close on a fixed-rate Home Equity loan on our primary house, which we plan to...
Neil Hauger
Lost my earnest, lost the deal. Buyer walks away un-scathed!! :-(
Today I learned a hard lesson. I thought I had a deal done. All cash offer on full asking price. Purchase agreement was signed. Earnest money was to be deposited with my Broker. Instead, the buyers agent said, "i...
Peter Fokas
Real Estate Professional - how to achieve 750 hours?
How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
Brendan M.
Flexible Tenant Selection Criteria?
I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...