John Acheson
How to get a $100K tax deduction on $300K investment?
13 February 2024 | 2 replies
Ask yourself "Would I still buy this property if cost segregation wasn't an option?"
Ramin M.
What’s everyone’s thoughts on Attleboro for multi family investing?
13 February 2024 | 3 replies
I think its a solid option to start your investing journey as long as the math works for you.
Brian Schroeder
Maryland Wholesaling as a Realtor
13 February 2024 | 15 replies
Perhaps you're referring to the section 17-101 (I 1-6) which states "engaging regularly in a business of dealing in real estate or leases or options on real estate."
MJ Jav
Would you invest 300 k in San Antonio (TX) or Raleigh (NC)?
14 February 2024 | 13 replies
But if I had to choose one, single family portfolio would be the easy pick.Less turnover & no tenant on tenant conflicts, better appreciation, more buyers if you want to sell, easier to finance, and more cash out options.
Zak Cooper
Seller Financing Template - FEEDBACK Desired :)
13 February 2024 | 1 reply
.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.
Brock Looysen
New to BP. Looking to learn all I can from the expects here. Excited to get going!
13 February 2024 | 9 replies
When finding what market to invest in, I would identify industries with positive growth trends, analyze market reports, industry publications, and economic forecasts, consider emerging markets and technologies.I live and invest in Columbus and think it is a great option to consider.
Dillon O'Connell
How do I get started flipping houses?
14 February 2024 | 21 replies
Attend real estate meetups in Orlando to connect with other professionals like inspectors, appraisers, and fellow investors.Financing: While securing funding is often the more straightforward part, with various hard money lenders in Florida, understanding your financial options early is crucial, as it affects the kind of properties you can afford and the scope of renovations.Metrics for Evaluating Deals: Use metrics like After Repair Value (ARV), Cost of Repairs, the 70% Rule, Holding Costs, and Comparative Market Analysis (CMA) to evaluate properties.
Lou Benveniste
Starting out in Orlando, Florida Searching for My Path
13 February 2024 | 14 replies
We just bought a STR in Kissimmee, FL which is also another good option.
Tammy Muller
RentalHero vs REI Hub Software
12 February 2024 | 4 replies
@Tammy Muller here are two great threads that cover the accounting software options and feedback thoroughly: BP -> Quickbooks or something elseBP -> Fav bookkeeping/accounting softwareThey don't mention either of these options, but that might be because RentalHero & REI Hub are full-blown property management software, and Quickbooks Online, Digb, and Stessa are accounting/tax software focused on real estate investors.
Merideth McNamee
two possible deals...
13 February 2024 | 4 replies
On the second option- are you sure there are no municpal regulations for STRs?