Lou C.
Happy Holidays Everyone
Hi everyone,My name is Lou and I am a Financial Advisor that started investing in real estate back in 2007. My goal is/was to diversify my holdings and generate long term wealth and income.ExperienceI have been a rea...
Robert Mack
Buying an Island
Has anyone heard about buying islands and developing the land to make it suitable for developing homes etc...?
Anyone every try to buy one or have any opinions?
I am not currently looking to buy any islands, but it ...
William Hull
Investment to pour into baby boomer retirement properties
What do college aged young adults and retirees have in common? Maybe more than you would think! Just as students move into communities based on common interests, in this case, academics, retirees seem to be following ...
Kalp Mehta
Buying a Property with Negative Cashflow
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
John Cervera
Parents House, Can I "buy" it?
Hello y'all,My parents own their home, and are in their mid 70's. I have a daughter with severe special needs, so me and my parents are trying to figure out a way to generate some income and stability for her long ter...
Evguenia W.
How to write off Net Operating Loss on taxes?
I have a Net Operating Loss on my LLC of $43,320 in 2018. Question 1) How much of it can I deduct each year for my personal taxes and for how many years?Question 2) Can this NOL also be used to deduct future business ...
Queenie Pinto
First guest and power outage
We had our first guest this weekend and were hit by a snowstorm on the Washington coast. Powers been out for 12 hrs with crews still working on it with no ETA. Luckily there is a gas fireplace and gas stove.I have bee...
Brian Miller
Need 2nd opinions on 4plex
This 4plex is in Philadelphia and the owner wants 269k. Gross rents last year were $31,200. It needs roughly 40k in rehab to increase gross rent to $37,200. It also has 2 garages that can get $125/mo a piece but were ...
Pratap Koppula
"Uncovering the Financial Health of Assets: The Benefits of Financial Due Diligence"
Financial due diligence helps in making informed investment decisions by providing key performance indicators (KPIs) such as financial position, operational performance, and liquidity. These KPIs provide critical insi...
Michael Gilmore
Turnkey properties - are they good passive investments?
Hello all - amazing group of people here - thank you for this board - I have learned so much already.
Now on to the meat of my question. I have been wanting to invest in turnkey properties as a passive investment (ma...