Rick Turman
Pass through Depreciation
Going to be diving into some rentals here in the next few weeks. I'm actively making deals, but most out this way want too close to Market value as supply is diminishing. I have built an LLC for my active Flipping ...
Jake Thompson
Any Multifamily deals out there?
Just put an offer in on a duplex in La Mesa, unfortunately the seller accepted another offer. Trying to stay patient, it seems like a lot of small multifamily homes (2-4 units) barely cash flow to cover the mortgage, ...
Account Closed
"I was just showing the house, and my buyer was killed!"
rip.. there goes the neighborhood! =(wonder around how often this happens, and what could have possibly been the motive - beyond robbery - for specifically just barging in on a house and opening fire, i mean is leavin...
David Jiang
What is the math that determines how much house to build?
When building spec homes, how do you determine the size of homes to build? I'm running this exercise in my head and so far, I can imagine a pretty linear payoff within a certain size range. For example, if your total ...
Ian Rose
Direct Mail Marketing WORKS!
Hello sent out first round of probate letters 7 weeks ago. Out of 32 letters got a deal and will close in Jan. The people were very excited that we are going to rehab their parents old place. Did get one call that s...
Pratyush Singh
looking for replacement windows
Hi All,I am working on a duplex that needs 20+ windows. have shopped the big box stores but wanted to check and see if any of u have recommendation of any better places out there. Something basic that does the work do...
Saad Handoo
Evaluate my mortgage
Hi BPers-I'm looking to make my first investment property purchase in the next few weeks. I reached out to Bank of America and they quoted me on a 4.375% loan with 25% down. This is a 30 yr fixed rate mortgage for a n...
Michael Zagorsky
Seriously thinking about starting S-Corp or LLC taxed as S-Corp
A little background.I am a W-2 earner. My employer also provides a high deductible (HSA) eligible health insurance plan for my wife and me. My wife had a side business and a W-2 job but this year she decided to go fu...
Jonathan Farber
Are there wholesalers in mid size multifamily? <5 units
Doing my Sunday review of lead measures and thinking about creative strategies. There are a few newer strategies I have been using to find MF properties but haven't really come across this one - Wholesalers of Multif...
Jacob Smith
What are my options? Refi? Heloc? Other?
I'm looking for info on how I should go about using the equity I have for capital to purchase an investment property, or if you have other options, why those options instead.I'm purchasing my home on a 10 year Land Co...