Joe Zeigler
Laundry business pitfalls
I’m looking at purchasing a couple of laundries from a selling. Looking for some insight on some pitfalls. All information big and small are all appreciated. Thank you!
Cliff H.
Security Deposit: deduct equipment used for repair?
Landlords: can/have you deducted the cost of equipment used to repair your apartments from security deposits?
I know that in general materials used to repair a rental like cleaning supplies, plaster, etc can be dedu...
Sam Leon
"Personal Use" of a property owned by your IRA or Solo-401k
I read that with an sdira or solo-401k you cannot have any part of a property owned by the fund be for personal use, can't live in it, can't let your uncle from Hawaii crash in it for a week etc.
What a...
Mitzi Moore
Laundromat purchase
Hello everyone I'm new to the real estate community. I want to purchase a laundromat that is depleting each time I visit the location my issue will be that the owner have a cleaners that assist him in paying for the l...
Tyler Green
Un-grounded Outlets burning out laptop?
I am a few months in to my first buy and hold property. I purchased an older four unit building that needs work and I am prioritizing work and upgrading when I can. The outlets are not grounded and I was aware of this...
Shari Heilala, MAI
RV Resorts - Construction Costs
I am looking for information on actual construction costs on recent larger (100+ site) RV resorts. Would be interested in finding out where hard and soft costs are coming in, and what areas had the most variation fr...
Omid Rabbani
Business value
What is a fair price to sell an owner absentee business that shows 85,000 a year in profit and 325,000 in yearly sales?
Thanks in advance
Brianna Young
New investor looking for developer insight
Hello my name is Brianna.I reside in Austin,TX and I’m new with investing and interested in RE development. I would like to start small developments like duplexes, or triplexes.
What other jobs would y’all recomme...
Bryan Hudspeth
Need advice on an exit strategy for a commercial property
Hello BP community,I'm looking for some advice from any commercial investors out there that may be able to help me with a creative EXIT strategy for a restaurant business. My family has a commercial property / restau...
Tony Severino
Car Wash Question
I am considering a small 6 bay car wash.
Turn key, owner financing 0 down, 3% seller carry back. Projected 3500 cash flow.
I am not worried about the deal, I am pretty seasoned in deal negotiation and such..
My que...