John Cushing
Going into a flip with an exit strategy of renting?
I have a property on my radar, has anyone gone into a property to flip it and ended up renting it out because it wouldn't sell? Could I possibly get a portfolio lender to lend the deal with that being the last resort ...
Joel S.
Terminating a Lease Early
Hi BP Community-I have a rental property in Houston, Texas and I have a question about terminating a lease early in order to sell. When terminating a lease early to sell a house, is an early termination clause require...
Krystal Nydegger
Can I do a 1031 exchange with my share?
I’m a partner in a partnership that owns land. There are several other partners. The partnership is selling a piece of land. Can I do a 1031 exchange with my my share of the proceeds? Other partners will just take the...
Tyler Bushey
Assignment vs Double Closing Tax Question
I'm curious if I will be taxed differently if I assign a deal, versus closing on the property then selling after the fact. I might be thinking way too hard lol, thought it was wort asking!
K Jones
Advice mortgage payoff home rental
Advice or Perspective appreciatedI have a 30 yr old 3B 2 br home. Monthly $1100, rent $1500, $61000 mortgage left, 4% rate, good renter for the past 3 years, bought for $175, north Kansas City mature neighborhood. Pro...
Hector Barrios
Flipping a property with boat house and seawall
Does anyone in the group have experience flipping a property with a seawall and a boat house? What has been your experience? How soon did you sell the property? Any information or advice will be more than welcome.
Kody Crittenden
Why is wholesaling not as well known ?
Hey all,Just curious why wholesaling not as well known and why when I tell people about it they look at me like I’m crazy? I’m an investor starting out and when I tell co workers, friends, and family what I’m trying t...
John Christodoulakis
Negotiation help or suggestions
Hi everyone, I am in a little bit of a creative block for lack of a better word. I am in the process of negotiating on a investment building that needs some work and the owner knows it. The problem is that he is prett...
Troy Hebert
Deal Review: House Flip - Proprietary Deal
Community,By way of quick background, I'm a young non-real estate private equity professional and really believe in talking directly with people who know their stuff. My network really is limited in the house flipping...
Amir B.
When to sell an investment home
Hello BPers,
I'd like feedback on when an investor should decide to sell their investment.
I bought an SFH in Parma, OH, in June of 2017. I bought it for $86,500, including closing costs. I immediately found a rente...