Tyler Lay
How often to get new lists?
Hello everyone!I was hoping someone could point me in the right direction. I pulled a tired landlord list of about 500 contacts, I'm wondering how many times you attempt to call them before you get a new list? Also ho...
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
Ryan Dossey
The thin line of profit vs. not taking advantage.
What percentage of a ARV - repair costs would just be considered a steal? I know for flips you try to go for 70 % arv - repairs. But what is the best scenario to quickly flip the property to another investor? 60? 50? ...
Tony Perrella
RV and Boat Storage Business -
I've been looking into a for-sale RV and boat storage property/business. I'm very interested in this opportunity and would love to learn more. Specifically, I need to understand how to value this property type to dete...
Christopher Za
Cash flow as percentage of expenses
Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
Daniel Levine
Deal Analysis Help
Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...
Gunvant Kathrotiya
New investor from Long Island, NY trying to build solid Team
Hello Everyone,Like every other new Investor I accidentally found BP and then read lots of forums, listened podcast and read Brandon Turner's book (super useful).I'm an Engineer living in Long Island, NY where Price/R...
Account Closed
Tenant is interested in purchasing my house
Hello. I inherited a house from my parents and the tenant loves it and is interested in purchasing. It's in a lake community; however, the community has everything from 30k A-frame houses to 600k houses on the lake ...
Sendhil Krishnan
Can I 1031 from a syndicated land deal?
A group of investors including myself purchased land in the Midwest which has been developed for sale to be bought by builders. My question is I want to be able to 1031 exchange my proceeds from this development proje...
Pedro Machin
Cost basis of subdivided land from a parcel with a house
Hey guys!I recently bought a .47 acre lot with a house on one side of the lot for 200K. A developer is interested in buying .36 empty acres of my lot for 150K (I want to keep the remainder acreage with the house). How...