David Willis
New Builder Advise???
I work a regular full time job and i just started a new LLC for building new construction homes for extra income.. I'm almost finished with my first build which is a 2000sqft 4 bedroom home that I have priced at 195k...
Account Closed
Funding for FL West Coast
SIG/BLU-ISLE currently seeks funding for assisted living facilities (ALF) and residential quick flips.ALF's: One ALF is in Daytona Beach, land of which has already been purchased and approved for the ALF or 103 townh...
Forrest Holt
Exit Strategy Scenario
I’ve been been listening podcasts as a tool to help learn a lot of this material. On more than one discussion I’ve heard guests talk about having an exit strategy in the event things don’t work out. This idea initiall...
Joe Strickley
Investor Checklists
I've been reading, researching, networking and trying to find out as much as I can about real estate investment, and have distilled much of it down to two check lists; one for locating a city or area, and the other fo...
Darren Nichols
Phone call with Motivated Seller.
I just got off the phone with a Seller and asked him basic questions about the property. The property is a 2 bed 1 bath and the value is 71k and he said the only things that need repair is new carpet and linoluem,...
Seth Holmen
New Investor - Chicago
Hello BP World! I'm new and wanted to say hi. I'm an architect in the Chicago area with love for all things building and investing. I currently work for a corporate real estate investor / developer. I'm personally in ...
Michael Fundaro
My First Deal - West Hartford CT Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $329,900
Cash invested: $50,000
"House hacked" a duplex in West Hartford, CT. FHA 3.5% down loan. Lived ther...
Kevin D.
Schedule E
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Nkechi Jarvis
In a dilemma! to build or to sell a vacant lot?
I have a vacant lot (40 feet by 108 feet) near University of Houston, Texas Southern University, and Downtown Houston; and I have just recently re-platted the lot as two separate lots (each is 2,160 sq. ft. UNIT A &a...
Julio Gonzalez
The Short- Term Rental Loophole Explained
Short-term rentals have become an increasingly popular investment strategy for real estate investors to increase wealth and passive income. STRs have very substantial tax advantages compared to other strategies as lon...