Robert McAllister
Group Home/Assisted Living
I have a lead on an available Group Home/Assisted Living Center in Milwaukee, WI. 4 BR ranch home currently collecting $2500/mo rent... could be more. It will be listed at $259,900, close enough to the 1% rule for me ...
Russ B.
Commercial funding - small mortgage refi, with ownership transfer
Hi all,
I'm pretty new to commercial real estate in general (I've really only done residential stuff before), so I'm wondering if someone here might be able to make a suggestion, on who to reach out to for commercial...
Stacey Rackham
Salon owner looking to diversify
I currently operate my salon business under my LLC in Michigan. I am looking to add diversity to my business and live in a populated rental area/Detroit. I own my current home with a mortgage and purchased in 2018. It...
Cole Bigbee
Industrial/Metal Buildings-Who likes this market?
While I only browse the forums once every few weeks, I don't see very much discussion on industrial/metal building lease space. Just thought I would see who all of the BP members out there invest in this space?
Ligh...
Celena Strong
Help Me Build My Team
Hello all. I am just starting out with real estate investing. I just set up my LLC (received EIN #s today!) and want to hit the ground running asap. I will need some investor connects in the DMV area. So far I hav...
Devin Olson
Could use some honest feedback!
This post has 2 major questions that could use your honest feedback!
Situation #1 : Earning more to buy more real estate.
Currently working as a customer success manager with a really great company, But I desire t...
Gregg Truex
Trying to better understand the cost on UBIT (Unrelated Business Income Tax)
I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...
Account Closed
NNN lease a good investment
So I found a true NNN lease that is listed as a 9 CAP. It is a car wash that is well established in a tertiary market. Wondering if that is a good rate for a car wash and also what other things should I be looking ...
Brody Veilleux
Using FHA 203k and DSCR refinancing
My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
Account Closed
Bonus Depreciation Question
I think I know the answer to this, but is it correct that you cannot take bonus depreciation on a house older than 1986 build? To me it would be new (i.e., acquisition in 2022) but its the build date, correct that is...