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If so, would you share all the steps, including permits and costs involved? I may buy a 3 family (currently set up as a 2 fam with only 2 kitchens) in Greenpoint/Wmsburg. Comp Rents avg 2500 per apt, so 3 units= 7500 ...
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Had a meeting today with a broker/attorney and a general contractor for a house flip. The idea is for a 50/50 split on the net profits between myself(capital investor) and general contractor. I would pay acquisition a...
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So I've been having a hard time finding the right CPA. My current one is not working out. We currently have two properties in different states and are also doing a JV on a 24 unit. My current accountant wants $125 for...
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Hi BP community! My name is Alexa and I’m a newbie REI located in the Rochester, NY suburbs. I’m eager to jump into this world and learn as much as I can to be successful! I’ve been doing lots of reading, watching (wh...
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I have some basic questions as someone who plans to start my real estate investing journey. 1: How difficult is it to find a multi family or single family property that cash flows $500 or more per month?2: What states...
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I am sure there have been many posts like this and I am sorry if this is beating a dead horse. Unfortunately I have no idea where to start, other than the website "in a box" companies, or what all the tech jargon mean...
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I am a new investor who is on track to buying my first investment property here in Compton, CA and my initial investment strategy was to have the main house as a long term rental property and house hack by converting ...
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This is the situation. My wife and I would like to purchase the house next door to ours--an 1865 brick two family--an exact twin to ours (ours was converted to a large one family years ago).
It was last purchased in ...
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Good afternoon BP,
My partner and I purchased our first duplex in October 2021 and quit claimed it to an Ohio LLC. We are in the process of completing our taxes and our tax agent is requesting a lot of data and is es...
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Hi guys,My name is Jan (pronounced Yawn). I'm a Polish born, Seattle bred guy currently working in Aerospace Finance in Frankfurt, Germany! I'll be flying back home to Seattle in July where I will work in Airline Cont...