Tony Castronovo
To exchange or not to exchange - Is a 1031 exchange right for me?
I'm struggling with whether I can have my cake and eat it too. Situation:Selling my portfolio of 8 SFR's (6 I have had greater than 1 year and 2 I have had less than a year) for $1,200,000I need to get with my CPA to...
Eric P.
Want more Cashflow.. Pay off debts or Use cash for property?
I have about $37,000 worth of debt between student loans and used car payments. My highest rate is 6.5% student loan (tax deductible) the lowest is the car loan at 3%. I want to break into RE investing with my bigge...
Llewelyn A.
Pre-Approval from Agent's Recommendation but Closing on different
Just curious what others might think about this scenario.I'm a NYC Investor.I have 2 partners that are looking to buy a 3 Family buildings. One of the Partners will be house hacking, the other is going to be a non-occ...
Katrina B.
Recommendations for starting as a new broker
Hello Everyone,I've recently I just finished my pre license schooling in pursuit of holding my brokers license. I am wondering if you have any recommendations for starting as a new broker, who you'd recommend as a com...
Scott Fain
Does the law require me to have a note servicing company?
I'm in the process of purchasing a note in Michigan and the seller of the note says that I'm required to have a note servicing company in order for us to complete the transaction.I'm looking to service the note myself...
Account Closed
Takw my 300k property off the market for $100. Option fee??!!
I have a high end house and I have it listed in the MLS. So I had 3 realtors so for want to take the property off the market for an $100.00 option fee and a boatload of contingencies where the buyers could back out wh...
Gretchen P.
Heating options in a rental house
We are remodeling an 850' house that will be kept as a buy and hold. The house currently has old/broken electric baseboard heaters. There is no gas or ductwork. As you can see the bedrooms are very small, making place...
Cheryl Naegel
Indiana wage garnishment
Hi there! I recently won a lawsuit in small claims against a former tenant. I have since obtained a final order in garnishment, signed by the judge. My question is, in Indiana, does the court serve the employer or...
Larmon Cummings Jr
There's Money In The Follow-Up
Hello BP Community,Just wanted to take the time to share my experience on a deal that I just closed recently. I wanted to share the experience on this particular deal to maybe motivate someone out there to keep going,...
Hope Louisse Montenegro
Should I continue to sell or refinance to lower monthly & rent
Hi everyone, I currently own a Condo in downtown Chicago and have been trying to sell it with no success. I listed at 370k without parking (35k) in February as suggested by my realtor and have since lowered it to 325k...