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Who is continuing to buy cash flowing buy and hold? We closed on a sale (the day before COVID broke) and are using a 1031 to purchase four cash flowing properties through a turnkey company. The duplex is rented out,...
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Where do you spend money each month? Something I recommend to everyone is to take a look at their monthly expenses every so often and see what can be moved from the personal side to the business side.
Remember, to ma...
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Greetings -
This is about a 25 unit building in Elizabeth, NJ. The building has been managed by my parents for 30 years, and I have recently moved in to assist with management.
We have a problem with tenant loi...
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My question is how do i determine a quality probate leads? I do know that if there is a will and there is a petition the executor is trying to liquidate his/hers assets and is going through the probate process. As wel...
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Hey BP family, I have a question, here’s the scenario... I have a seller who is the executor over her sons estate. The property has a mortgage and they are behind two months on payments. The Bank has not issued any fo...
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Hi Everyone (newbie questions alert!) I'm looking to start my way as an REI and one of the first steps that I'd like to get is to open a US based company (probably an LLC) as the tax rates varies from state to state...
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Hello,I have a 50/50 LLC with my spouse. Obviously that LLC income flows directly onto our personal joint return. The LLC has a separate bank account to keep funds separate. The LLC money has been reinvested in anothe...
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A buddy and I are talking about building a few tiny houses and using them as vacation rentals along the Texas coast. He's in a position to bankroll the project. I'm not able to contribute much financially, but I have ...
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A family member owns a 1.5% in a hotel that just sold for 9 M, cashing out at roughly 110k. I'm wondering if a 1031 exchange would be applicable in this situation. It is my understanding that in a 1031 exchange the pr...
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I have a piece of property that I would like to build out into townhomes (@60) and keep them to rent. I own the land outright and am a contractor. I have the idea of starting a REIT to fund and hold the project with n...