Rene Gonzalez
Private Loan from Parents Question
I'm considering buying a property in the Mexico (Riviera Maya area) for approximately $100K. I'm looking at this property as a place I can use as a vacation property, short term rental, and a retirement location far i...
R.J. Petrillo
Looking for a local RI accountant who specialized in RE
I've gotten to the point where I think it's best to have someone else handle the tax side of things - we are starting to get a little complicated, and will only get worse from here on out lol.I've previously taken car...
Jeremy Little
Capital Gains Exclusions
Hi all, I’m coming to this group because I’ve now gotten different answers from different cpa’s and I figureD this might be the best place to help resolve this or see if I need a third opinion. I’m trying to understan...
Jason SanMartin
Syndication / CREI
Hello all,It's been a long time since posting as I've been undergoing the learning phases of being a landlord for a few years with a recently sold MF investment property I owned in Norfolk, VA. I'm looking to leverage...
Chris Low
What would YOU do in this situation?
We came across an unusual situation on a buying trip to Idaho recently. We got into contract on a 3/3 SFR. An old house built in 1900 with decent square footage (about 1400, although the tax records are vague). Asking...
Derek Beatty
Wholesaling to an end buyer who is using financing????
Wondering if someone can help me out. I have a property under contract. I found a cash buyer and did a contract with them but now they are trying to back out of the deal because they found out the property is in a flo...
Aroldo Villarreal
Would you buy a $5,148 Cashflow with $2k of capital gains?
I'm looking to make my first deal, but don't know if I want to go with this one. It is $20k out of pocket with $5,148 of cash-flow a year and $2k of capital gains. I only have $50k to invest and am putting aside $8...
Serena Tillman
What to Calculate in an Expensive Area with low Cash Flow
Hi everyone - my husband and I came across a great deal on a Hoboken Duplex yet the cash flow and COC ROI isn't the highest. However, it's in an area that is super popular and with a little work, we could raise the re...
Matthew Masoud
Cap Rate Based On Pro Forma NOI?
Hello BP community,
I'm starting to look for larger multifamily properties.
A common (surprising) trend I'm seeing is that people are selling their properties based on future (proforma) NOI.How does that make any se...
Brandon Knudtson
Possible seller financing deal
Hello BP community,So I am looking into a potential deal on a 4-plex where the seller will finance for 2 years since the listed price is slightly over what I can get with a conventional loan (haven't talked specific t...