Kelly Moniz
Question on like for like investing to avoid capital gains.
I am considering selling a rental i have had for 5 years now. I would like to take the money and invest it into setting up two mobile homes on some land i have in the same area. It would cost roughly half of the sale ...
Connor Stark
Syndicators, Where You At?
As we've been working on getting the ball rolling to set up our company we've been confronted with a couple options that have left me a little surprised. The main issue is potentially being required to set up the busi...
Tyler Standish
Tax Deductions Prior to Purchase of Real Estate
Hi, I am wondering if I can deduct "business" expenses prior to purchasing any real estate? I eventually plan on purchasing an REO property and flipping (and will likely set up an S-Corp), but I might not even make m...
Nicholas P. Pileggi
Rent Collection Methods
Hi Everyone, I have a few tenants and would like to switch to a more convenient/efficient way of collecting rents. Does anyone have any recommendations on websites to use for collection of rent or any other efficient ...
Kirsty Simpson
input on fees to charge for MTR set upt
Hi, what are reasonable fees to charge an associate to set up their 2 bedroom condo into an MTR? From doing the online listings/ arranging the photographer/ purchasing and setting up furniture etc? I want to give the...
Tyler Frost
Questions for Lawyer Startup
Okay folks, I'm taking the plunge. I have dabbled in real estate for a few years but I am about to take the leap and make real estate investing my full time gig. I have a meeting with a real estate attorney and my acc...
Account Closed
Multifamily master meter
A friend sent me a 72 unit that's available for 4.2m. A 7.56 cap rate. $318,957.97 NOI according to the trailing 12. I asked for someone to JV with me & sent the email to an investor. They are processing the purch...
Dovid Staples
Owner Finance - How Low Can You Go?
Hello BP,I know that setting up owner financing is not difficult nor should it cost much to set up and service. However, I am trying to acquire a parcel of land that is only $3,500. Since a perc test hasn't been done ...
Chris Igard
How do you post an eviction to tenants renter's history or credit report
Anyone out there have any good information on a cost effective way to do this for someone with fewer then 10 doors? Thanks
Michael Montalto
Setting up an LLC in Indiana
Hi - I am in the process of acquiring long-term single-family rentals in the Indianapolis area and looking to set up an LLC in the state of Indiana. I've read a lot of conflicting information in the forums on how to d...