Can I 1031 exchange into a down payment on multiple long term rentals? For example. Selling a piece of land with 50% ownership for 1.6mm. Can I take my 800k and 1031 it into $100k down payments on let’s say 8 $400k ho...
Hello all, I’m looking for a cpa recommendation in the buffalo area. Wondering what my long term steps should be with forming an llc or not. Currently own 4 properties with a partner and we want to figure out the best...
New to the game of REI. I will be operating between the Huntington - Charleston area and would like to connect and network with like minded individuals!I am currently a W-2 employee but have aspirations to achieve FI ...
Hi all,
With the whole COVID-19 situation in the world, meetups and social gatherings/networking are beginning to be a thing of the past. I recently had the privilege to purchase my first property before the pandemic...
Hi! For those of you using credit unions to purchase commercial multifamily properties, are you getting a line of credit or an actual commercial mortgage? I've called countless credit unions and they are all saying th...
This is hopefully my first 2 deals, they are happening at the same time. I have received the assignment contracts both with hefty assignment fees to the tune of 28,680.00 this is a California single family rehab. This...
So this isn't actually me buying the property but a friend of mine, is signing the closing paper tomorrow for a house for 200k, in the Buffalo, NY area. So I he has a question, and I didn't know so I told him I would ...
Hello, I am fairly new to Real Estate and i am preparing to be a rental property investor. I am looking for some experienced investors/mentors that i could possibly talk to by phone regarding our common interes...
I'm considering purchasing a 2 level row house in Baltimore city. The property will need some cosmetic repairs to make it shine. The property has a 2 rear decks, one on the lower level and another deck on the upper le...
Hi All,Looking to get some advise on a multifamily I am looking to purchase in El Paso Texas. Currently water gas and electric are all being paid by landlord. Cable is also being paid but that is separate. Rents seem ...