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I'm curious to know whether it would be most appropriate to have a business (LLC?) for running an AirBnB business, separate from an LLC that is already used primarily for construction and rehab work. I'm wanting to bu...
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I am trying to bid a couple HUD properties in NC. As I am a newbie in HUD property, I wonder what is the realistic price I should bid in NC for HUD property? I read 70-90% of the listing price and it varies from regio...
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Can a guy get started investing in notes with just a couple grand?
Where is the best place to start?
I've been reading up on the subject and it seems there is more risk and less upside potential to just being a bro...
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I flip in the Nashville area about 20 homes a year currently. In any-case once in a while I come across deals that are new to me. I have the opportunity to purchase 2 mobile home parks and I remember there were some i...
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I am a newbie with BP, so apologies in advance for my questions. I've searched around, but need some guidance for my specific situation. Scenario: Looking to buy a primary residence house $360-380K. Rent out a room to...
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Hi everyone. I've been lurking here for a while, reading and educating myself, and I'm about 1-2 years away from being able to pull the trigger and get started with real estate. I'm looking to get started by investing...
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Listening to Bay Area radio this morning there was a spot by a Bay Area wholesaler.. one of his pitch's was tenant not paying no problem we will buy your home anyway.How many of you I wonder would buy a home with a no...
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Do I have this right ?We legally can not work on a property that is financed, even in part, by our own SD IRA...However, If we hire one of the SD IRA companies to custodian our account, they, as a third party, can us...
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How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
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I have foreclosed on a property with 3 buildings each with 4 studio units. I have rehabbed and have all units rented. I intend to sell after a few months. How do I determine the value of the property?