Rahul Singh
LLC setup, insurance and PM evaluation input requested
I'm getting ready to make my first move. I'm interested in getting your input on few items:1. How do you have your LLC setup for your investment properties? How does having investment properties out state impact it...
Jennifer Robinette
How detailed estimate should I ask from the contractors?
Hello everyone, I am a real estate investor and recently joined BP. I have been an investor for years but I have been very passive! :) Recently my husband and I decided to take the rental business to the next level. W...
Samuel DeMass
Capital Gains - Simplified
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Anandhu Jayan
AirBnB: Managing myself vs Airbnb Arbitrage Model
Hello,I'm a long time follower of this community and recently made the jump into purchasing a home in Houston with the intend of turning it into an AirBnb. At the time I made the decision to purchase this home that is...
Ashley Langeliers
tax code income limits
Hi everyone! Last year, my husband and I became landlords by default when we moved out of our primary home on the Central Coast of California to the Bay Area for job relocation. It worked out nicely however as we ha...
Miles Miller
steps for first absentee rental purchase
Hello BP,I have been snooping for a while, but never posted before. I finally got my courage up and did an offer, and it has been accepted. I am now entering my due diligence phase, I will be calling inspectors and ...
Austin Steed
How keep operating account strong on a BRRR
Does anyone have any tips or tricks to increase rehab budget on BRRR's from the bank? One of the most annoying things is blowing budget and then having to come up with extra capital at the end of a project. We all lo...
Brian C.
How do you determine if a syndication make sense for the sponsor?
Assuming the potential deal you are analyzing meets your target IRR for investors (net of fees), what's the best way to determine if the deal make sense from a sponsor/developer's perspective? Is it simply making sure...
William Bentley
Major Red Flags from Home Inspection
I'm looking to get into my first investment property and have been pulling the trigger on a few properties. I am currently under contract for one and just had my home inspection finished. I'm curious what are some maj...
Dylan Brown
Syndication Tax Benefits
I've recently began exploring the idea of apartment syndication investing as I currently work 80-100 hours a week at my full-time job. I am wondering how the tax benefits work for syndication investors and if they are...