Eric Rich
Best strategy to buy off market on a specific block.
9 February 2024 | 4 replies
Both homes that I've purchases were on market deals, so I'm a bit hesitant to be the guy who calls someone up because I get those calls several times a day and I hate that using cold calls is the standard.I don't expect to be able to use the fact that I'm a local just trying to make my business work in the market it was designed for as a leverage point because it's not helping the potential sellers at all.
Matthew Bernal
Trusts, LLCs, and AirBnBs
9 February 2024 | 5 replies
However, it might also incur additional accounting and tax complexities.Non-Real Assets:Holding Company: If the non-real assets are essential to the operation of the property, holding them in the same company as the property (either operating or holding) makes sense for financial reporting purposes.Separate Entity: If these non-real assets are more independent or potentially have different risk profiles, consider holding them in a separate entity owned by the holding company.
Matthew Laurin
Nighthawk Equity investments
9 February 2024 | 7 replies
I'm invested in several other syndicates with other firms without issue.
Gerald Surprise
Passive Glamping Development
8 February 2024 | 16 replies
I can go closer to home for that.I have mentioned in many replies to posts in the BP forums that the security risks for foreigners in Mexico (in areas where tourists go) are way overblown by a way too sensationalistic press looking for bad news to sell.
Jessica Perez
HELOC or creative line of credit
9 February 2024 | 3 replies
Even facebook will have several groups for you to join.
Jalen De Leon
Filing taxes for rental property
9 February 2024 | 8 replies
There are several excellent CPAs across BP if you care to search.
Neil Wei
Multifamily househacking analysis help
9 February 2024 | 25 replies
Then in the real estate crash in 1986-1993, I picked up my current home, a MF, and several investment condos at auctions in 1993, and managed good cash flow on all of them.
Samuel Longbotham
Books or Advice on managing contractors/renovations
9 February 2024 | 4 replies
Talking to several contractors will give you an idea if someone is overpricing or not. 2.
Craig James Conrad
Trouble with Smoke Detectors?
9 February 2024 | 0 replies
When in there several months after the tenant moved in, I saw that he had taken the bedroom detector down and removed its batteries.
Mun Mohsin
Need advice on the first purchase_urgent
8 February 2024 | 4 replies
Is it nmormal to ask and I should take the risk.