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8 February 2025 | 5 replies
Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.
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11 February 2025 | 8 replies
First as a painter/accountant with a commercial painting contractor.
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11 February 2025 | 0 replies
I was under the impression that HOAs liens are erased as they are junior accounts compared to tax liens.
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1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
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30 January 2025 | 4 replies
It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.
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11 February 2025 | 0 replies
My goal is to avoid doble taxation, ability to write-off expenses, asset protection and avoiding probate.If anyone can help me with this or refer to an accountant who has experience with cross border real estate transaction, I'll be greatly obliged.
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4 February 2025 | 26 replies
They told them that this investment will change their life and that money in a retirement account or 401k is worthless.
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29 January 2025 | 1 reply
Every youtube video I find when searching this problem involves someone replacing or moving an electric box that either hasn't been wired yet or is re-wired.
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4 February 2025 | 1 reply
I also ask if they've ever been evicted, refused to pay rent, or filed for bankruptcy.Further, I ask account numbers for their checking and savings accounts, and the approximate balances in each.
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27 January 2025 | 18 replies
Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?