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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 ...
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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)...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...