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So, I'm looking at a 4 plex deal in the Lehi, Utah. A nice area just south of salt lake city. I'm calculating my expenses and income. Am I missing anything? Purchase Price $500,000.Monthly expenses$2,839 principl...
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I am putting together my syndicated apartment complex purchase/deal. Obviously I need to do this through an LLC. Which state should I incorporate in?
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I own a 1 bed/1bath condo in the DC suburbs. I bought it for $227K in 2007, with about $48K down. I refi-ed a year ago to a 20 year/3.875% mortgage. When I refinanced, it appraised at $190K. My current mortgage...
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Hello BP members ,
Past Friday, I bought a foreclosure home with hard money financing , classic 12% interest with 10% down. The house needs a lot of work and I'm eager to begin to work on it. As this is a HML, I'll ...
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Hi All,
I am a software engineer in San Jose and planning to move to Austin for saving on taxes. I was wondering if someone has done that on BP forums and What is the experience like moving from CA/NYC to Austin?. ...
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i am renting 3 properties. when i bought my first rental (rental 1) in 2013, i was a noob. i didnt read much on this forum but i knew the property was a good deal. the home is in my name and only my name. in april...
Hello everyone, Does anyone have experience doing business in these states? I'm currently at the juncture where I can either stay in Phoenix area where I live right now, or move to Las Vegas/Summerlin. I've sold my re...
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In a bad situation with title company.We closed on a property June 3, 2015 on a REO in Baltimore City. The deed is not filed.Here is the dilemma:We used the seller title company, <- out of state (Never Ever Ever ...
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Hello All,A question for my fellow canadians. In Ontario income from property that is owned in a corporation is classed as passive income which is taxed at almost 50%!!!!!!!!!!!While small businesses are classed as ac...
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