I am looking into purchasing a 3 unit building in a great location in Northern Maine. I am looking for some opinions on this deal.3 unit building, all great tenants and fully occupied. 60k purchase price, 79k tax valu...
Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
Hey All!
I just wanted to say so far that this place is awesome. I downloaded about 50 podcasts, listened to them all, and I'm ready to jump in.
My main strategy right now would be to buy distressed, re...
I'd like some feedback from the BP audience.
Long story short, I bought a duplex on a lake. The margins are slim but still positive, but the reason I purchased the house is due to property values rising a signific...
Hi BP Community, I have been involved with BP for Quite some time now and although as an attorney, I have done hundreds if not over a thousand deals as an attorney. However, as an investor I was a bit more cautious u...
Hey everyone!
We want to begin marketing to a specific area to find motivated sellers. Can anyone help me out with what the criteria is i need to be searching for, and can anyone recommend a program to use or ones t...
What do you guys think? Am I missing anything?
Duplex, both sides vacant. Each side has 2bedrooms and 1.5 bath. Excellent location, about 5 minutes from downtown. It is on a main road.
Both sides completely rehabbed....
Hi, community! My name is Rachel and I owned and operated a mid-sized property management company in Oregon for 6 years. We sold the company in January of 2020 (good timing) and I am now in digital application develop...
In part II of Real Estate Tax Deductions, I want to talk about the Passive vs. Non-Passive Rule. If your income is less than $150,000 per year, you are allowed to claim up to $25,000 in passive losses. Rental income f...
Hi BP!!!!! I'm a long time reader, first time poster and a podcast junkie. Looking for the collective wisdom of BP community to help me out. I'm looking to do a 1031 on a condo that recently was vacated. I have goo...