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Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
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This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
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Guys
I really need some advice here. In fact, if you have some time to chat over the phone, please PM me and I'll send you my number
I'm a first time home buyer and hoping for a future in real estate. I currently re...
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Hi BP Community,
I was hoping to get some feedback on the best ways I can utilize cost segregation for my taxes this year and if anyone has recommendations for a Real Estate Accountant in the Los Angeles area that ...
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I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
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My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...
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I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
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Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
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Hey everyone. I've had a duplex for the last 5 months in a C/C+ area. Original numbers and inspection report made it look like on paper that I would be cash flowing after raising rents to market rents but month after ...