Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.
Connor Maillie
Hello BP Community!
20 January 2025 | 4 replies
I plan to be here often but have been listening to the bigger pockets podcast for the last year now, and have consistently been saving to make my first investment this year.
Malcolm Brown
Newbie to Real Estate Investing - Any Tips...
29 January 2025 | 24 replies
With patience and a solid plan, you’ll be on your way to building a successful portfolio.Good luck!
Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
For me to build I would want to see recent comps of sales for the finished project you are planning.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
l plan to use that money to start investing in real estate.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
@Joshua Tucker Building real estate on tribal land offers unique tax benefits, but it requires careful planning and collaboration with tribal authorities.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
The email was short and challenged us by implying we were looking for investing planning and not tax planning.
Ryan Ruppert
Shopify for own STR website?
20 January 2025 | 7 replies
WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.