Koel Gaylord
Changes are coming and its not good news!
Things are getting bad for potential buyers and sellers and its not just the interest rate.All Electric: According to the Center for American progress (June 14, 2022) Regulators efforts to promote climate risk mgt. b...
Demetrius Brown
Here’s the inflation breakdown for September 2023
According to CNBC,The price index rose 3.7% in the 12 months through September, unchanged from August, the U.S. Bureau of Labor Statistics said Thursday.Pandemic-era inflation peaked at 9.1% in June 2022, the highest ...
Erik Bood
1031 Boot, Cost Segregation and how to lower taxes
Situation: In 2022 I sold an 8 unit complex and did a 1031 into another 8 unit complex and I wasn't able to fully use my 1031 funds. I knew it wasn't ideal for this to happen but I was only willing to purchase a prope...
Myres McDougal
What is the Magic Number for a Six Unit Property?
Hi Everyone, I keep watching this property, a flipped six unit apartment building in Arvada. The price just dropped but still is not making the cut when I run the numbers. I though it would be interesting to see what ...
Kiersten Hegna
Is anyone finding good deals in Minneapolis?
We are just starting out and reading a lot about very inexpensive properties to flip. It doesn’t seem like there is anything worth buying in Minneapolis area that is affordable. Was just reading about purchasing in TX...
Robert Steele
Meanwhile, Big Investors Quietly Slip Out The Back Door On Housing As "Stupid Money" Jumps In
Last September, one of the original institutional investors in the housing-to-rent strategy, multi-billion hedge fund Och-Ziff called it quits on the landlord business. The reason: "the New York-based hedge fund is lo...
Account Closed
"Creative" Way around Depreciation Luxury Auto Limit
If one has a preference for trucks or other large vehicles over the IRS weight limit you receive full benefit of depreciation (up to business use).Currently the code limits business car deprecation to basically a Hond...
Stephen Kappre
Termites. Where Do You Draw the Line?
I'm not sure about other parts of the country, but living in South Jersey, it's pretty cool when you find a place that doesn't have termite damage. Getting a treatment and some minor repair is normal. I went through ...
Robert Joiner
First Mobile Home Wholesale Opportunity? or Tire Kicker?
Got a call today from an older lady that saw my "We buy houses" Craigslist Ad. Told me she's interested in selling the home fast as she has plans on moving to Oklahoma by her sister. She's tired of the upkeep and her ...
John Zoulis
FINANCING FOR MULTIFAMILY NEW CONSTRUCTION
Hello BP Team. I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have ...