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Hi everyone - I have finally hit a major milestone and I wanted to share it with this community. Over one year and three failed contracts later, I have finally purchased an investment property, fixed it up, and rented...
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Earlier this month I was able to successfully rezone a property I own from single family to duplex, which will be new construction. This is the first permitted new construction duplex in my city in decades (40 - 50 ye...
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I have a partner who invests with me (putting in both money and effort), but her money comes from her (self-directed) IRA. To fund deals, we were thinking about having the IRA hold a note against the LLC (unsecured) ...
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Here's a 9 unit I recently completed in West Philly, it's part of a syndication I put together and it has 4 buildings total in that syndication. I sourced the vacant lots, got them permitted, got the financing lined u...
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After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
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Hi all!Apologies in advance for a very long post. It was more to help me to pull my thoughts together in one place but figured I'd include it to give additional color and information. That said, if it is anything like...
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As I am trying to figure out my real estate niche, I keep coming back to the discussion of whether I should rent to (or target) college students or families. To help me decide I was hoping to list the pros/ cons of e...
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Hello everyone, I am a 31 year old married father of 3 in central NJ. I thought as an introduction I would give some insight into my current situation and hear some of your thoughts. Beginning this year I have been ag...
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Hey ya'll! First time poster.My wife and I are trying to decide the best way to get started building our portfolio. We've been looking out of state a lot as the market here in Utah is crazy but haven't pulled the trig...
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Living in the D.C. area it seems impossible to find an affordable home to flip. I began searching in Greenville, NC where I used to live and there are so many cheap homes for sale that need work. I found two houses th...