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My wife and I just acquired our first deal. A 3/1 built in the early 1900s that has fallen into disrepair over the past 20 years and in needs of a full gut. We acquired the deal mostly for the lot, it’s a B class neig...
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Questions: (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan? (2) If so, is the interest paid by the company a deductible expense to the company reporte...
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Greetings! New to this forum and looking for some suggestions.
I currently live downtown Denver in an apartment I own. There’s roughly $50k left on the mortgage and could easily be paid off (worth roughly $250k). Pla...
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Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
I have talked to the city near me, they have a plan for redevelopment. How will the city control the redevelopment? How can I get in on the action? There is a small piece of property near the light rail station, tha...
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Hello BP!I am working on developing some land I have into Boat/RV parking. That being said....1) What type of rock did you use? 2) How was the lot layered?3) Did you do anything to prevent weeds in the future?I was co...
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I have not done new construction so I need the help of developers out there.I have this piece of land suitable for development of 10 townhomes. Each townhome in this nice suburb of Chicago can be sold for $650K or eve...
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Your Mindset Will Determine Your Success As A Real Estate Investor. What your beliefs are and the way you think are the two defining factors that will determine whether or not you will have success as real estate inve...
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I have a very good but busy w-2 job that I enjoy and keeps me out of state most of the year. Trying to find a central Florida (Orlando Area)multi-family/apartment seems like Frodo trying to get to Mount Doom. The comp...
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I'm new to BP and somewhat new to Sacramento. I'm looking for cash flow deals (small multi-family 3-8 units and SFR) between Fairfield and Reno, maybe even up Hwy 49 to Grass Valley. I don't own any rentals around her...