Stacey Kane
Failed 1031 Exchange Question
I have sold one of my rentals with an intent to do a 1031 exchange. I was able to identify a property literally the last day of my identification period. Unfortunately, there were multiple offers and I did not get the...
Steven Antonellis
BRRRR A Condominium - First Time
2018-03-17 - Good Morning BP Community - looking at first investment - BRRRR a Condominium - anything special about this type of real estate? - have used BRRRR analysis tool - asking myself if numbers indicate Go or N...
Kal A.
LLC doesn't own title, use for other business expenses?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...
Matthew Medlock
Need help with marketing strategies
I'm new to investing and I love the fact that people help newbies le me. What is the best way to market in san antonio for motivated sellers?
Dave Vona
A sub-lease and rehab deal structure
Hi, I’m looking at a home that’s not been occupied for many years. I’m going to see if the owner is willing to sell, but I don’t think he will. It appears there is no loan on the property.
I estimate this propert...
Ernie Hogue
How are option fees taxed?
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
Sefa Demirtas
Newbie's LLC dilemma continues
I spoke with two different lawyers that do residential real estate seller/buyer representation. They both said that it is common practice that people buy investment properties on their own names, and after a few weeks...
Alan Day
Lease Purchase Opinion?
My wife and I are new to investing in buy-and-hold properties and I wanted to ask the opinions of those more seasoned than we are. I have connected with a wholesaler who finds motivated sellers, gets the property ...
Robert Lindsley
Do I need an appraisal?
Hey there,I'm in the process of buying a multifamily building (7-unit apartment building with an additional commercial space). Getting the final PA has taken awhile, but I'm finally ready to move forward with inspect...
Kenneth Garrett
Lease Option Considerations
Looking at a Lease option to purchase and will rent out to my tenant. Anyone have experience with these types of transactions? Option fee is 10,000 for 125,000 purchase. What is typical length, does payment apply t...