I was able to bring an off market deal to a couple investors recently. It is a 238 unit apartment complex. The seller is a good friend of mine and is allowing me to shop it for him. I am a licensed real estate broker ...
Hey BP!Got a couple off-market deals I'm considering in Northern CA but I've got some "newbie" dilemmas going into them and it's this - these deals seem like great deals (like $50k-$100k less than what they are worth)...
Hello (again),I would like to purchase a commercial building in Las Vegas. The building has been identified. Now the next step is to create an business entity to purchase the building. It appears that Nevada has fa...
Hey everyone, I haven't been on BP in a while, but recently I got my license, sold a home for a friend, and rented my own residence on a lease-purchase. All good experiences!I'm a big Dave Ramsey fan, so I've been st...
Hello everyone, I got a question I could use some advice on. How do you make an offer on a abandon residential house that is bank owned and currently not on the market?Details: I have found several homes in my area (T...
I currently have student loans that the payment is based off of income(AGI). If I were to put my properties into LLCs that report up to a C corp where profits stayed and could be used to buy more properties, would tha...
I am from Central Illinois and have been reading a ton of blogs about self storage success. It’s something I would be interested in trying out, but my question is: how do you determine whether or not a market is too s...
Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...
Good evening everyone,IIt may sound silly but I need help determining if my first investment property is over-insured. I have a 3/2 SFR I purchased in 6/2014 for $98,500 in Houston. I estimate the property to be wort...