Candace McCutcheon
Cash or Accrual Accounting?
I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...
Jeff Wittig
Seller Financing, where to start and what to expect...
Hello BP community!Been interested in learning more about acquiring property's for buy and hold using seller financing. Have you done it and how, what were the terms you set, did you have a lawyer set it up or someon...
Maxwell Frenkel
NYC House Hacking- Multifamily Townhouse
I am looking for advice on house hacking in NYC. My business partner and myself are young professionals in NYC looking for an alternative to the pricey rental market. We'd like to purchase real estate somewhere close ...
Karl McGarvey
Lending Options for an LLC
Looking for a lender that will lend to an LLC in Texas with only one property under it so far. Young credit history for the LLC but the managing members have great credit and assets. Trying to expand our options for p...
Ryan Lloyd
How do you pros analyze markets?
Brand new aspiring real estate investor here. I am looking to analyze markets for how well they will either cash flow through buy and hold rents AND/OR how well properties are likely to appreciate over time. Current...
Eric Kissinger
Owner financing vs. bank financing
Hello all. I am interested about the pro's and cons of owner financing, rather than 20% investment traditional bank financing. I understand that owner financing can be more flexible as long as the seller is willing to...
Sean Willette
Is it necessary to form an entity in CA if investing out of state
Hi everyone, my brother/business partner and I have a call with our CPA on Monday. We have a quick question that maybe some seasoned investors can help us with.
We live in CA, are going to partner up on an LP deal i...
Kevin Blair
Comps adjustment help
Hi All,Finally have the capital raised to do a flip where total costs do not exceed $160k. I found an SFR in a nearby suburb of Chicago I like and am attempting to get the highest quality comps possible. I did have ...
Rob Z.
Closing costs on a turnkey
Hey everyone, So I was wondering whats the prototcol for closing costs when it comes to turnkey? When I bought my primary a few years ago I negotiated closing costs and came very little out of pocket. Now with my t...
Patrick Hendley
Increasing rental portfolio quickly.
Hello community,I would like to build a 20 to 30 unit portfolio(multifamily and SFH) in South Carolina. I have Fico currently have 30k on business credit card and I own SFH free and clear worth 40k that currently bei...