John Clark
Community development investors
20 September 2024 | 0 replies
Hello I have a question as to how can I find investors for real estate deals and projects, are there investors interested in community development, I have many questions and even a business partner in texas looking for community oriented investors, what's a good place to start and grow from there thank you all for your time and advice now and in advance
Galant A.
Expected Multiples/IRR for $1M SFH Fix-and-Flip Project with $400K Renovation (12-14
26 September 2024 | 1 reply
Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.
Vince Mosca
Private money loan
14 October 2024 | 1 reply
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes
Nina V.
Agreement between 50/50 owners of a rental unit
13 October 2024 | 4 replies
Hi folks, I am closing on a property with my cousin and both of our spouses.
Edward Park
transfer tax from s corp to multi member LLC
13 October 2024 | 2 replies
Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1) are we subject to transfer taxes or fees for the transferring?
Phillip Bernier
Lenders + seller 2nd's = Justin B-BRRRR?
24 September 2024 | 6 replies
The initial goal is immediate cashflow that will quickly increase as we fix-up and/or lease up the properties.
Vince Mosca
Private money loan
14 October 2024 | 0 replies
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA
Kyle Swengel
Who Else is Doing Mid-Term Rentals in Tucson AZ?
13 October 2024 | 11 replies
Myself and a few other investors I know have a handful here but I want to keep getting to know others doing the same thing and share notes about what’s working and not working.
Miguel Del Mazo
My thoughts (FWIW) on MTR Arbitrage
24 September 2024 | 1 reply
MTR arbitrage is a useful tool to have in your tool chest, and like all tools, it has its uses along with its positives and negatives.MTR: Medium-term rental (usually between 1-12 months)Arbitrage: renting from another landlord and *with their permission* renting out that unit to a third party, hopefully at a profit.
Tomas Nuno
Is it possible to house hack with you partner?
23 September 2024 | 21 replies
and pays rent in their primary.