Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
Hey BP family, I’m hoping to get some advice because I’ve hit a bit of a roadblock with a refinance, and I’m not sure what my next steps should be. A couple of months ago, I purchased a property using a hard money ...
Cynthia Martinez
Buying Property at Tax Sale (Texas, specifically Harris Co.)
Looking to hear others' experience and insights - -How to quickly diligence outstanding liabilities (e.g. mortgages) that would not be wiped out by the sale? -Minimum red flag diligence to determine a max bid and co...
James Cannon
Rent to Own or Not Rent to Own that is the Question
Hi Everyone, my wife and several friend s of ours have started athe process of a new assisted living facility in the Twin Cities area. We are looking for a four bedroom house that is handicap accessible and one of our...
Patricia C.
Trying to purchase multiple properties
HelloI currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end...
Deren Huang
Industrial Deal! 10k/mo NNN Lease
Hello All!Grateful for this community. I wanted to share a deal I recently closed on in Tulsa.This is a 25k sqft manufacturing building, as you can see, it has been added on multiple times. I may lovingly call it my F...
Jonathan C.
Newbie needs advise on a lease option
Hi BP members,I'm a newbie in BP and also new to REI and looking for some advise from the pros here in BP.Long story short, I came across this property (3bed 2bath 2300sqft house with pool on a 7k sqft lot) for sale i...
Gary Nicholson
Construction loan then convert to 10 year mortgage?
Hello,
I own some property close to a very popular national park and it is also very close to a small tourist town that is near this national park. The town alone gets hundreds of thousands of visitors a year and well...
Carter Wallace
Co-owning/Developing land as a shared LLC?
Hello BP Community,I'm in discussions with a friend to co-own land as an LLC, and each build a home on it. I have a few front of mind questions, but would appreciate any comments relative to blind spots I might have....
Josh Corriveau
Cap Rate and Cash-on-Cash ROI versus $100/door
Hi BP Members,
I hope you're well. I'm analyzing a property for purchase and the cap rate is 5.73% and cash on cash ROI is 5.07%. The monthly cash flow is $291.46 total for the duplex. While I think the rent could...
Christopher Smith
New Tax Law: 20% of Qualifying Business Income Deduction
Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...