Hi all - I am in the process of negotiating a 28 unit apartment and the seller is telling me that he may not be able to do the deal because of the tax hit that he would take upon sale. He has been depreciating the pr...
I have been toying with the idea of buying a food franchise, and have been working towards it for last couple of years. I calculated my current debt to income ration at 37%. It does take into account my current salar...
Hi all!I've been a purchasing agent for a handful of property management companies & rehabbers in the Chicagoland area for just over 3 years and love this industry! I buy materials for upkeep on about 8,000 units ...
I am looking to protect my assets as much as possible. Wondering if i should form llc or if you have other ideas or strategies i should look into employing? Any advice would be appreciated
Hello all,I am an aspiring real estate investor in the Bangor, ME area. I currently live in Carmel, just 10 minutes outside of Bangor. I am currently employed as a store manager for a regional grocery store chain. I a...
Investment Info:
Single-family residence buy & hold investment in Paramus.
Purchase price: $450,000
Cash invested: $85,000
Purchased a single-family residential property not located in a HOA cont...
I am looking at the option of buying a business.Then having my LLC buy the property. Which I would lease back to my operating LLC.I have mainly found and been looking at Gas Stations.The idea of owning and operating a...
hey all,When investing from out of state, what things do you look for to determine if it's an A, B, or C area?Bars on windows? Whole foods? Churches? Cracked sidewalks and roads etc? Looking for advice on how to ev...
I noticed as I was looking through local commercial listings over the last few weeks that many of them were Family Dollar stores. Today, the announcement was made that they are closing 370 stores! How did the own...
Hello BP Fam! My name is Tim Mieney. I'm a 31 year old husband, father, fitness enthusiast, investment geek and serial entrepreneur. Since the time I was in middle school I've had a burning desire to avoid the 40 hour...