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I have done 5 deals in the last 5 years and it has been a home run every time except for my first out of state property. I purchased a property through a "wholesaler" in AZ. The property looked great but I clearly did...
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Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit. Is an attorney required to facilitate this trans action?
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While doing my research and talking to people, its still hard to gauge the true numbers. My personal opinion (based on very limited knowledge) is that if one is not making atleast 2-3k per month net income while self ...
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Hello all, I am interested in buying raw land at auction at far below fair market value with intent to "flip" the land at just below fair market value. How long would I want to hold the property before selling it in ...
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I have a really good tenant that i inherited, always pays on time, fixes things here and there at the place, is very nice... his lease is up oct 1 and i have someone else willing to pay $900 more... i dont want to ask...
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Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
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If you had $1m...Would you rather1. LEND ITat 7% interest 1st TDs or 15% 2nd TD with equity, or whatever you have agreed with the Borroweror 2. LEVERAGE ITAnd use portions of the $1m as down payments to acquire other ...
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Hello Everyone,My name is Jaymes, and I am not a property owner but am looking to start my career in real estate investing. I am a paramedic of 7 years experience and I work largely on remote industrial projects that ...
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It's common sense not to put all your eggs in the same basket, but how do you apply that saying to real estate investment?
I.e. if you have to buy 5 properties which you intend to rent out:
- how many of them would ...
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Good day, BP members!My wife and I have started the process of reading everything in sight on BP, listening to forums, reading books, analyzing potential deals.. we're about 3-4 weeks into this process, so we're still...