Roger Leonard
Bakersfield Southwest Vs. Northwest
Hello BP Bakersfield! I need your help distinguishing two parts of town. I am considering investing in a 200K range SF home in either the Southwest/Silver Creek/Oaks area or Northwest/River Lakes/Westlake area of Bake...
Bennett Schwartz
Self Directed IRA's? Any advice
Hi BP,
I have an investor who is willing to take money out of his IRA to invest in a multifamily building. I know there are a lot of rules about doing it, anyone have experience with this? Can I partner with him on i...
Nick Jordan
Estimating Duplex ARV in MSP Markets
Hi all!I have been playing with the numbers of a few rehab MFRs in the St. Paul area and am wondering what factors some of you prefer when estimating the ARV ($/sq.ft., comps, rent ratios, location, etc.). There's a p...
Chris Sukala
Dilemma closing on 2 properties one has hiccup
So we are closing on a SFR and a duplex. I am getting loan for SFR and 2 different banks. I am doing a rehab and hers is conventional and fully occupied duplex. The local bank she is using has been good and that's why...
Troy Pierce
Saying Hello! Introducing myself. Few questions!
Hello! Thank you for taking the time to read this post. I hope it finds you well.My name is Troy and I am a born and bred salesman in Arizona. Own a small entertainment company and I sell cars during the day. Im think...
Noemi Venegas
Questions for Real Estate Agents
Hello everyone! I am just starting my real estate investing journey and I am starting to talk to real estate agents. I would love to know what you believe to be the most important questions to ask them to help disting...
David Ounanian
What tax benefits or implications should I be aware of as a real estate investor?
Real estate investors should consider key tax aspects for financial optimization and compliance. Given potential tax law changes, consulting a professional is crucial. General considerations include:Income Taxes- Re...
Patrick Reagan
Yellow Letters
I've read before there are sample yellow letters on the BP site.I don't see them.Anyone have a link?Thanks
Josh Smith
Tax Red flags on fully-owner occupied SFH + part owner occupied/rental SFH within 20m
Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
Malik Ali
Building Business Credit
Is it best to build business credit to use business cards as a form a of a down payment on closing costs in escrow? Can you not use personal credit as form of down payment? I know there are multiple ways but with grea...