Austin Montgomery
Can’t Qualify for Loan Due to Short Financial History
I graduated from college in May 2018 and am currently an active duty Army officer. Since graduation, I have acquired 1 house-hacked SFH, 3 rental SFHs, and completed 1 flip with a partner. I am currently under contrac...
Claude Boiron
Added $5M value to a building
Identified an opportunity due to the Ontario Power Authority (OPA) launching their FIT (Feed-in-tariff) Program. Several years were spent applying for a FIT contract to place a roof-top solar system on 120 Industry S...
Frank Cesarone
My first real estate project... A success
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $300,000
Cash invested: $5,000
Sale price: $337,500
House hack - Generated $800 per month in rental income whil...
David O.
New Member Kittery Maine
Hi BP community,
My name is David and I am happy to be a new member of the community. I am a big fan of financial freedom...I have a business in southern maine providing financial services and the more I have...
Armand P.
LLC with a few investors
Hi A few investors and myself are going to create an LLC. My question is would the LLC be created in the state in which we will be investing in? Second, since I live in California and will be investing out of state ho...
Kenny Seagren
Newbie running the numbers in Philadelphia
An agent friend of mine found a decent property and I want to start running the numbers for some practice. It is a 5 unit mixed-use(4 apartment units, 1 commercial unit) generating $5,430 in rental income. List price ...
Tyler Brown
Using a trust to purchase a house
As part of Medicaid planning, we recently created an irrevocable trust and placed my mother-in-law's two homes into it. She lives with us, and she really has little to do with the homes; I do all the day to day manag...
Max Sawyer
Valuable land, but in Florida with hurricane risks. Do I Sell, Rent, or Renovate?
We find ourselves deeply engrossed in a pivotal decision-making process concerning a cherished piece of real estate. The property in question boasts a substantial expanse of land totaling 7 acres, strategically locate...
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada). I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would). Howeve...
Mike Masland
Applying Tax loss to W2 income
Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...