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Among confusing legal concepts, the generation-skipping transfer (GST) tax is at the top of the list. Because of its complexity, many attorneys lump it in with concepts such as the rule against perpetuities—topics tau...
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Regarding private equity partners. I've made several RE flip investments individually and with partners. I've worked with investors in the past on a 50/50 basis in which I provided the knowledge and sweat equity while...
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Hello BP,I am set to close on a large duplex in the Charleston, SC area. It is an 8 bedroom 5 bath divided up into a 4 bed 3 bath and 4 bed 2 bath. The person I am purchasing the property from would like to rent from ...
Hello,
I have a cousin who attempted to be a landlord. And my mom tried flipping. My cousin went in thinking it would be easy and bailed after her 2nd tenant who destroyed her house. She sold it and ended up losing m...
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Assuming the family member you would be partnering with has applicable knowledge or skills (for example, is a contractor and knows the target area well) and both partners intend to treat the rental property as busines...
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I have come across a trailer park deal involving 9 double wide trailers on 1/2 acre lots each. There are six lots together and three down the street. Combined rent of all double wides is 5900 per month. The asking pri...
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Hi everyone,
With talk of market fluctuations and interest rate changes, I think it's prime time for us to dive into strategic adaptations. I'd love to hear your insights on the following:
1. Are any of you pivoting...
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Hello, I was wondering what renters typically like. Do they enjoy LVP or carpet for their bedrooms?
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Lately, I've been torn between investing in multifamily or single-family properties. I see value in both, but I'm unsure which is the better option. Currently, I own one single-family home and one fourplex. The single...
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Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...