Account Closed
Evaluating cap x on a multifamily deal
Hi fellow members,I hope everyone is healthy, and doing well. I was wondering if anyone can help me understand at which point I should factor in the Capital Expenditures when evaluating a multifamily deal? I am unders...
Tony Velez
Am I a control freak?
Hi,We only own one investment property at the moment. Its a triplex in the town I grew up in. I understand great property management is an advantage to be succesful in real estate. I know I am not a great property ma...
Jerry Maguire
Flipping in another state
Anyone flipping houses in another state than the one they live in or flipping properties of significant distance from their house. Atleast a 5 hour drive. How are you doing it? How's it working out for you so far?
Cameron Lim
Stacking and how does it work?
Hello BP,I am new to the site, fairly new to the real estate market and I am looking for help to get this going.I watched a video on BP on stacking.The concept seems simple however the devils in the details.So I’ll as...
Marci Stein
help me rate this deal
Upstate NY, small 3 bed,1 bath -800 S.F. in nice area. similar homes sell for
65-85. This one listed at 79,000 ,on market almost 3 years (orig. price 119,000). My offer of $48,000 accepted. Move in condition .taxes ...
Dan S
investors, what report would you like to see?
Generally, I know the underlying connotation for property managers is bad, but I happen to be one of the few that care about my investor.
I am not in it for the quick buck, the sly charge, or the misinformation that ...
Erez Friedlander
Partnership and taxes
Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...
Andrew Cooper
Tax basis with quit claim from one llc to another
I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim
Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...
Edward Kuk
Can a B area cashflow today? (Chicago)
Hi BP,I currently live in Chicago and focusing on small multi-family units (2-4 units) in the surrounding areas. I'm pretty new to this and currently focusing on 1) identifying the area I'm interested in 2) understand...
Jesse Young
Multi-Family Financing
Hi Everyone,I am looking into multi-family units in the Washington area but have no cash for a down payment and do not want to live in it either. I see many articles talking about getting private money and hard money ...