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Results (10000)
John S. Your thoughts on my numbers
8 August 2018 | 4 replies

I'd like to hear other opinions on this...I'm debating if I should cash in on my 3 flat in downtown Wheaton, IL.   Any thoughts out there? In March 2018 I completed a three year battle with the City of Wheaton (this u...

Umesh Chokshi 1031 Exchange - Individual name to LLC
16 May 2018 | 4 replies

Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...

Arnold Oh Mobile Home?
29 December 2016 | 10 replies

hello BP world,I am a beginner investor. I saw a very run down single wide on a very desirable piece of land. The trailer was in complete disrepair. There were ton of junk in the yard too. Is this worth taking on? Can...

Ryan Saint-Amour Phoenix Real Estate: Looking to buy second home to turn rental
30 July 2022 | 8 replies

Looking to buy my second home and turn my first into a rental. Those of you with the knowledge of the market in Phoenix metroplex, AZ. Where and when would you suggest I look? I’m curious to start with simple single f...

Ken Deboy Is it hard to get a HELOC on an investment property if I'm LLC?
20 October 2015 | 5 replies

Currently own following properties:a. Single family home, Zillow says it's worth $161,000. Currently rented for $850/month, same tenant for 3-1/2 years. Lease is month to month.b. Single family home, Zillow says $118,...

Len Miller Loan application denied again
2 May 2019 | 5 replies

I have a condo that I rent near Tampa FL. The unit was bought in cash and is worth approx. $100,000. On two separate occasions (2016 and 2018), I applied for a mortgage so I can use some of the equity to purchase anot...

Jeremy Schneider What State Should I Create My LLC?
29 August 2020 | 5 replies

I will be completing a 1031 exchange in the next couple of months. Selling prop in Washington and buying in Montana. My current property is titled to my wife and me as a married couple. We want to title the new prop i...

Robert Leonard Owner Occupancy - What Is, and What Isn't?
15 January 2019 | 8 replies

A friend of mine and I were having a discussion about his current situation the other day, and I'm curious to hear others opinions, specifically those active in the BP forums. He currently lives with his girlfriend an...

David Smith For 1031, shall I buy in LLC or personal names?
24 November 2018 | 6 replies

If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031?  They can mix up.If you buy each in different LLC names,  easier for 1031 tax purposes. ...

Account Closed Single family or Multi?
1 December 2014 | 4 replies

This is generally for people who have experience with both. Which do you like better and why? Which do you recommend for a beginner? This is for buy and hold purposes.