Cynthia Ng
CO question installed support beam
Hello BP professionals I need some professional advise here; im rehabbing a foreclosure house in City Poughkeepsie NY; we passed electrical inspection but during plumbing inspection the inspector caught the beam my hu...
William Walker
Multifamily Value Add Project
Fellow RE Connoisseurs,In an effort to provide value, produce content, and give back, I am documenting a 4M Capital multifamily project from acquisition to stabilization. For those of you who are eager to learn and ge...
Jared Campbell
My Condo HOA is threatening legal action against me
Summary: I didn't get approval for the installation of new laminate floors and now the board/HOA won't approve my flooring request even though the padding I have is much quieter than what they require. Now they're fin...
Sydney McCloud
Looking for LLC Formation, Business Structure, Estate Planning Services
Hello,I am looking to buy my second property this year and want to put it under an LLC. Any recs on companies that help form LLC formation, business structure and estate planning services? I want to make sure I form i...
Leah VandenAkker
Whats your opinion on Turnkey Investment Property Companies?
Hi BP Community,I am seriously considering buying from turnkey companies that buy houses, flip them, then advertise them as perfect turnkey properties. I have been looking into a few including mantel turnkey and miss...
Jonathan Rivera
Websites to generate leads.
Hey anyone know of a few different effective websites that can help me generate leads? A all in one stop and shop kind of website? I’ve heard of Propstream. Anything else you guys can recommend?
Anas B.
Tax Considerations for Flipping
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Steven Hamilton II
$500 safe harbor increased to $2,500 for taxpayers
Good news everyone, the $500 de minimis safe harbor limit was increased to $2,500 for taxpayers who place property in service, that are NOT required to produce an audited financial statement(applicable finance stateme...
Andy Mirza
Servicer Indemnification Issues
In the last 5 years, we've been sued in civil court 4 times for wrongful foreclosure for non-judicial foreclosures. These have all been meritless lawsuits meant to stop a foreclosure sale. In judicial foreclosure stat...
Omar Ruiz
13 Unit Apartment Complex - Where We Learned Some Hard Lessons
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...