David Fernandez
Legal/Tax implications of buying an LLC that owns Real Estate
Hi!II am looking to buy a small apartment building in Maryland that it is owned in an LLC. The seller suggested to buy the LLC that owns the building to avoid paying transfer taxes.I can save some money doing this, bu...
Rich Schroeder
Looking at an 8 plex
Here's a bit of info, I haven't looked at this property yet. Hopefully I will be able to get in this weekend.
8 units (6 unit building, 1 duplex)
gross rents (based on my knowledge of the area): $4200/mo
asking price...
Dante Foreman
wanting to give my cousin good solid advice
My cousin named zach owns a home free and clear he got for 11,000 ARV is 85 to 90k He needs 25k rehab thats everything being done. He wants to take that profit or equity and use that as a downpayment to build a duple...
Dagan Mcintire
Introduction: Dagan McIntire
Hey guys so glad I found BP i have learned so much so far and I am eager to learn even more. My name is Dagan McIntire I'm 20 years old from Nevada Missouri. I just finished my first year of college and decided that i...
Christopher Brock
Marketing SFR to investors
I have a SFR that I need to sell for tax reasons, but it's currently occupied by a high-quality tenant. Rather than waiting for the current lease term to expire, I'd like to market the property to investors looking to...
Logan Ogg
Buying new home; Renting out old home
Hello BP,I am looking to get started with RE soon. My wife and I are moving to Columbus , GA in the next couple months and are looking at homes to buy in hopes to live in for a year or so, then buy a new home and leas...
Sharad M.
Homeownership % at several years low
Hello all,Without making this a political discussion, are any of you guys concerned about the long term down trend of home-ownership %? Per some analysis, home-ownership % will be around 55% from 62-63% right now in n...
Jason Douthitt
cost to insulate per linear foot?
I finally received my first contract to wholesale! I noticed that there is no insulation in the exterior walls and since the drywall mostly needs replaced anyway, I was wondering what to estimate for that budget? I am...
James Cerenzie
Who is Investing in MINI WAREHOUSES (<1,000 sq ft) ?
BP,
How many people out there are currently investing (or considering investing) in 'MINI WAREHOUSES' (500 - 1,000 sq ft over-sized storage units) which have A) power outlets, B) fire suppression equipment, and C) yo...
Miguel Pinales
First time buying investment property
Hello All,I hope everyone is having a great day. I have a property that I am willing to purchase as a rental property. I would like to ask my father to cosign on me to supply for the down payment but I am bit worried ...