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Hey BP, Just wanted to introduce myself and seek out advice, or just make some connections here in South Carolina. I am third year law student at the University of South Carolina School of law and within the next coup...
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I'm investing in a small GA town outside of the Atlanta metro area. On Friday, my agent there mentioned that she had gotten a call from a high school classmate who wanted to sell a rental property they had. My ag...
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Looking for language suggestions for a tenant estoppel statement to verify rent, deposit, any verbal agreements not in the lease, etc. Want to make sure I don't miss anything.
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A friend of mine and I would like to go into business together by buying student rentals. What is the first step in doing so? Is it getting a legal team to draft up an agreement? Starting an LLC? We know the risks...
Hi, My wife and I are getting very close to jump to the out of state investor world and I've been analyzing several markets in the last few months. I work for a real estate private equity/developer in CA and my wife h...
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Hi! I really need your help to understand this issue. "Under the Foreign Investment Real Property Tax Act (FIRPTA), when a US non-resident sells real property, 10% of the gross sale price will be withheld for the IRS ...
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A partner and I just finished a renovation on a Butler University property that is in an area surrounded by mostly student rented single family homes (before after/project company coming soon!) I have a plan that will...
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Hi all, We're closing on a 31 unit apartment building in Richmond, VA this Friday. The complex is currently managed by a live-in PM. We already employ a property manager who oversees our portfolio of 40 SFRs/duplexes,...
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Hey BP! I'm not new to BP but I am getting ready to hopefully make my first deal in 2016. I am looking for buy and holds in the Fort Worth and surrounding areas. I am working on narrowing down target areas so I can g...
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I have a property I want to 1031 exchange. I paid 100k and it is now worth 200k. It is completely paid off and I want to buy a few properties with leverage. Do I need to use the full 200k or only the 100k profits?