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Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...
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Investment Info:
Single-family residence buy & hold investment in Westminster.
Purchase price: $665,000
Contributors:
Ashley Wolkomir
My first BRRRR! A BRRRRSTR! (I’ll explain...re...
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I’m thinking of flipping houses with a builder/handyman. I told him if he could find good off market deals, I would finance the rehabs. I told him I’d be interested if we could split the profit 50/50. But all I am is ...
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I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...
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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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So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
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It is apparent that the motivator in real estate investing is gaining financial freedom. Great ROIs are goal….hot up and coming areas are ideal….BUT….how does creating NICE, low income housing (sfr or multi) fit into ...
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Hi Everyone, I hope you are having a wonderful day. Is it worth it to allow pets for rental properties to increase the amount of potential tenants or should I reduce risk of property damage/loud animals and not allow ...
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I am considering a self directed IRA. Has anyone worked with BuyPD, Am Estate and Trust and Accuplan? I also talked to IRA Financial Group in NY but they do not work as custodians'. Is a custodian required?
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Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy. When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...