I am from South Carolina. I am a CPA and worked on large real estate companies' tax returns and MD&As. I have a prospectus that I am going to present to interested investors and raise money to purchase class A a...
I'm lost on how to present this to the private money lender on paper. And do I open a business account? Another question I have is; can I whole sale the property and make money upfront for my bills?
Hey BP, I'm trying to put together a "One-Sheet" to present to lenders, whether it's private lenders, or a small (relationship-based) bank. I have a current rental property that is performing, and I have a goal in min...
Hi all,
I just listened to BP podcast episode 227 with Joe Fairless. Joe went from a few SFRs to $130M by the time he was 35 years old.
In the episode, Joe unpacks three indicators that help him find "good" multi-fa...
Hello all- Does anyone have any suggestions on what to do when a tenant is keeping more pets than they agreed to in the contract. My tenant is supposed to have one cat which they pay extra for. My tenant is well awar...
Short question: Can the interest from a hard money loan be used for tax purposes the same as a conventional mortgage? What if it is an interest only loan can it all be deducted on your taxes? Thanks for any input!Sorr...
Hello, there is a property I'm looking to purchase that has a foundation / slanting issue. The estimates for repair would require 20 piers, and hydraulic lifting and cost around $30k to fix.
Here are the numbers -...
I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late). He and his family have been very difficult with the move out; his son has told me he wil...
Looking for advice on options to present for owner financing. Seller has presented two options:3k down / 800 per month5k down / 500 per monthAsking price 58k3 bdrm/1 bath near campusSeller has said they could very fle...
hi I'm looking to invest in my first rental property and could use any tips offered by some of the seasoned investors.. I'll probably be looking for a single family and then expanding to multi family units