I am looking to invest in commercial real estate for the first time. I found a 25 year ground lease for a Taco Bell and Starbucks.
It is a 5% cap for Taco Bell and 5.75% for Starbucks.
What are tax incentives on a g...
Hello BP Members!I am a brand new investor and I need a little help. I am in my 20's and I would love to flip. Here's my story:I purchased a small home (short sale) in 2013 for $55,000 in San Bernardino. Right now the...
I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
We recently had a guest from New Jersey who arrived on July 23rd and was booked until August 6th. He was a difficult guest from the start and very needy! After they were there for 12 days and also tried to have addi...
How many of you have read a good portion of the health care bill?
I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Background:
My grandmother who is unfortunately needing full-time living care owns a three-family property and because she has the care now the state could take the property. My grandmother would want the asset to s...
Hello, i am starting out in wholesaling and hoping to start my first deal soon and was wondering, do i need to pay income taxes on what i make?! Thanks
Hello BP, I am working on my first flip and rehab is almost to completion. I am getting ready to put on Market in the next 7 days. I stood in-front of the house to see what can be done to make it appealing. I ...
What's Better : Home Stager OR Home Designer?
If my budget is tight on flipping, I'd like to know which way is better to spend money on. I've talked to Home Stager and they said staging is more important I don't need...