Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Have you purchased any in the Clev markets as you said you wanted to months ago?
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
Deal closed, higher valuation than purchase price.
Shayan Sameer
New Rental Property Purchase - Out of State
5 February 2025 | 30 replies
I reside in FL, so I would like to purchase in neighboring states if possible, but I heard Ohio is a great market.
Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
4 February 2025 | 11 replies
Quote from @Landon Sheveland: Hello,My wife and I, are attempting to purchase our first property.
Luis Fajardo
Scott Bessent Confirmed as Treasury Secretary: What It Means for R.E Investors.
28 January 2025 | 1 reply
Known for his sharp financial expertise, Bessent has introduced an ambitious “3-3-3” economic plan aimed at reshaping the U.S. economy.
Laura Yelin
Sherman, TX market
26 January 2025 | 8 replies
The economic investment being made there with Semiconductor chip factories was one of the driving decisions of my investment purchase.
Andrae S Wiggins
New Investor looking to purchase their first property
4 February 2025 | 13 replies
@Andrae S Wiggins recommend you upgrade your BP membership to Pro to access the BP Calculators to evaluate rental purchases.Play with the numbers to figure out the purchase price that gives you your target ROI.That's the number you'll need to make an offer at, NOT what the seller is asking.Yes, you will get a lot of rejects, but whoever said investing was easy?
Rob Bergeron
Louisville tourism leaders expect the industry to bring in major economic impact in 2
26 January 2025 | 0 replies
Looking great!
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
Blair Ross Jr
Rental Property Purchase
21 January 2025 | 4 replies
Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.