Karina Cao
First time MF investor and out of state: is under-construction properties a bad idea?
Hi BP Community, I am looking to buy my first multi-family property (6+doors) and I am wondering if buying properties that are currently under construction is too risky? How are the risks different from buying existi...
Ganesh Rao
I have an LLC. Now what?
So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
Ornella Kaneza
Fix and flip and the market in Tucson,AZ
Hello BP community,My name is Ornella, newbie here, brand new to investing. I am a property manager for 3 different apartments here in Tucson, and have lived here, for now, 3years and have a good credit, but so far th...
Shahrukh Qureshi
Newbie from Dallas TX
This is Shahrukh and I am a network engineer and been out off job since April 2020 due to Covid-19 job cut. Since I have lost my and still not able to land myself any other position. It made me realize the importance ...
Johnny Quilenderino
4th and 5th Property
Good afternoon BP,So today we closed on two properties, a quadplex and a triplex, 6 of the 7 units were rented. I also turned them over to a property manager at a 7 percent rate.Property number 1) The AlamoQuadplex in...
Felipe R.
Diversifying from Stocks in Colombian Real Estate
Hello,
I am new to the forum but have done well with stock investing and I am now getting ready to diversify into international real estate. I've deemed Colombia where I want to invest as it has great cash on cash r...
Julie Mendonca
Accessing 401K for Real Estate Investing
Hi Everybody,I have 188k in a 401K from a previous employer and I want to access this money for real estate investing and of course without penalties or extra taxes. I have read a lot about using a solo 401K. Is this ...
Jennifer Newby
Advice requested for mobile home
Hi there,Looking for advice on a 19.5k, 2 bd/ 1 bath mobile home in a park with a lot fee of $550 which includes w/s/g. It's a small park, good location, and we personally know the park owner. Rent could be from 110...
Billy Mclachlan
ORLANDO multi family returns
Hey B.P My quest into Orlando begins this December, I am looking to invest in multi families and to achieve a 'house hack' with the capital I have raised here in New Zealand. My criteria is a minimum of 20% cash on ca...
Curt Smith
Rescinding real estate professional status, why I'd like to...
I've read in other tax forums assertion of IRS auditing real estate pro's... Just another issue. My guess is that risk comes from actually negating ordinary income with real estate losses in execess of >$25k. ...