As an excited newbie, I have very little experience in real estate investing so at a meeting with my financial planner I asked about house hacking as a busy professional and he stated it would be a bad idea. This too...
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
I am very excited that we have a special forum for syndication and fundraising for CRE now. There has been a group on BP for about a year that has grown considerably, but now we will have a forum on the main page.
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As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Tenants submitted notice of early termination, 2 months into their lease, due to military reassignment. I’m using the TAR lease (Texas), and there is a military clause. My understanding of this clause is that it allow...
Hello everyone! I have an opportunity to potentially do a BRRRR deal where the current owner of the property funds the whole rehab (refresh 2 bathrooms and a kitchen) and I pay him back when I do a cash out refi. Afte...
We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
I’m curious what the community here has to say.
My dads in the car business and swears by leasing. I’m all about wealth building and assets and I think buying is the better option.
I’m currently torn between buying...