Hello BP family, hope all is well with you and y'all families with this self-quarantine? I'm still learning how to analyze deals for CRE multi- families units. Wanted to see if I analyzed this deal right? I live in S...
Hi all - I own three houses in Austin Texas that are full rented. All has been well however I am noticing property taxes are starting to creep up. Two of the properties have mortgages on them and the property taxes ar...
CPAs and the BP community with input/knowledge/experience with large monetary gifts:New Estate and Gift Tax for 2016Sometime in 2016, my wife and I would like to give my parents a large sum of $40-60k as a gift. I und...
What is best practice? After closing on a flip, do you close the LLC or keep it open for the next opportunity? Even it were a partnership LLC?
A small apartment for sale in the most desirable area of town. Sales Price 750000.00. New apartments are being built in the area going for $250,000+ for 1b townhouses (bigger). The numbers do not make sense at all as ...
I am looking to purchase a condo in a decent area, imo ( Phoenix AZ).Currently it is on the auction site Hudzu.com. Currect bid is $42k. Asking price is $60k.Here are the numbers based on a $50k purchase price: C...
Hoping to get some feedback in regards to cash on cash and cap rate for a single family investment property I'm looking to purchase. Purchase price of 215K (Currently worth about 230-235K). Total Cash investment is $6...
Hey, all! I'm trying to get myself set up with some analysis tools for MF investments, and I really like the "Value Play" model that Berges has in his "Complete Guide to Buying and Selling Apartments". I understand wh...
Seeing many new opportunities for us passive investor types, including "Preferred Equity funds". For example only, Wellings Capital raising 5 mil for a one property specific syndication of a purchase and value add to ...
Hi guys, We've found a 3 bed/2 bath, 3 car garage, finished basement, nice yard with sprinkler system and well in a very desirable school district. It has been foreclosed on and just listed for sale at $120,000. I am ...