In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
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I purchased a property this summer which we are going to live in for about a year. After I finish school this spring, we plan on moving again and renting out the current property. We purchased the property with a co...
Hi All! I tried searching the forums for this but didn't anything out there. Are there any good accountants in Chicago that service real estate investors? I just purchased my first multi unit and want to make sure I'v...
Let's say you have a shopping center that is fully depreciated. You then build a dollar store on an out parcel and hold it for a year. In order to save in taxes can you sell both properties as a package deal but alloc...
Hey BP, I'm new to the forum. Long time listener/lurker, first-time poster. So I'm in the rehab stage of a BRRRR and thought of a question regarding seasoning period. I talked to my lender today, and they don't requi...
Hi everyone!
I’m buying a duplex, set to close the beginning of August. One unit is completely remodeled and rented out, the other needs cosmetics and is vacant.
The problem:
Current tenant was a friend of the sel...
Hi All,I plan to put the townhouse in Delray Beach on market in a few days. The tenant just moved out today. The townhouse looks in good condition. Only advice I receive is to hire someone paint the wall and clean the...
I was first introduced to Real Estate Investing by a person who focused (or pushed me into focusing) on shortsales. For a long time, I thought this was the only way to wholesale a home. But im learning thats not the c...
I am a rental property investor living in New Orleans looking to find deals on the Mississippi Gulf Coast. I am looking to connect with Wholesalers to find deals in the Biloxi, Gulfport, or Bay St.Louis markets. Prima...
Looking for a commercial lender for a deal in Fall River, MA. I have a sale leaseback deal with a single tenant that will sign a ten year lease. The numbers net out to an 11+ Cap Rate. Industrial property with several...