Raquel Baranow
IRS is Auditing My Real Estate Business
My business is buying vacant land, cheap through tax lien foreclosure and then selling it. I own 125-vacant lots. Business is BAD, I haven't made a profit in years. I was holding some of the lots for investment but th...
Jeff Caravalho
SD IRA (or solo401K) question
Hi BP,2 part question: 1. Can I start an SD IRA (or solo4 401K) without forming an LLC (fees would destroy ROI). I am looking to invest in performing mortgage notes that are passive (no trading, note terms longer tha...
Michael Plante
Any way to get the zestimate changed?
Installed a $100,000 dock a couple years ago with all the proper permits Zestimate has not changed in 3 years by more than a couple percent Anyway to let Zillow know in hopes they will increase the zestimate Remains t...
Uwe S.
60 units in Ohio
Please analyze these property:
60 units in 5 buildings, 24 one bed / 1 bath, 36 two bed / 1 bath. Ask price $875k, 92% occupied.
Income and expenses you can find in the excel file http://www.a-l-a-...
Account Closed
Best way to create an LLC?
Hi everyone,
I have a question and was hoping I could possibly start a discussion on the topic.
After searching through some older posts and blogs, I still feel a little unsure as to what you guys think is best as f...
Glenn Espinosa
First Energy Efficient Rehab Reveal - Before/During/After
We just finished up one of our rehabs and as some of you may know, our company just recently adopted the green/energy efficient strategy. We've been rehabbing homes since 2011 but jumped onto the green scene when we r...
James Boreno
URGENT: 1031 Exchange Questions
Hello,
Currently in a 1031 Exchange and have a few questions.
We sold this property last week and we are currently in a 1031-exchange. We are trying to figure out how we can hold title to the new property. Our 103...
Will Gissendanner
Need help analyzing my first rental property purchase!
Hey everyone, I am looking to buy my first rental property, I have found a property and have run some rough numbers on it and it seems to be a sound investment. However, with this being my first deal, I wanted to get ...
DJ Cummins
Meeting about a 24-plex, 100% owner financed. thoughts?
Hello friends,So I took a chance and mailed out 2(yes, only 2) letters to two different apartment complex owners. I had some free time and used the google machine to find their home addresses. Three days after maili...
Joseph Brooks
Destruction of Wealth?
People are saying that declining home, stock, 401(k), etc values is a destruction of wealth. But I don't believe it and have been arguing that wealth is not destroyed until there is material destruction (i.e. a house ...