Brad Weber
Investing = Salesmanship! EVERY TIME!
I've got a background in sales - so translating that in to my investing came naturally for me. But I'm seeing more and more with my interactions with other investors that they're simply lacking in Salesmanship and...
Christopher Hughes
Determing formua for positive cash flow
Hi all,New member here who is working on learning right now before I begin to make any investments down the road. The forums and podcast have been a great resource and I am hooked, trying to learn all I can. One thing...
John C.
Asset Structuring for Buy and Hold Investor
Hello BP! I am currently a buy and hold investor and am looking to structure my assets in the most beneficial way possible. I know its a common question asked, but with a multitude of answers. Would love some feedbac...
Account Closed
1031 Exchange "down trade"
Someone please help me with 1031 exchange situation I am facing.
Original cost / FMV of the property being relinquished is 3M / 3.7M. So there is realized gain of 0.7M. FMV of the replacement property is 3.2M...
Donald Hendricks
Pitfalls of buying a home on owner finance terms
I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
Alex Lee
Real estate professional status to offset federal and state taxes
Hello,First post in this forum. I am looking into becoming a real estate professional to grow my portfolio long-term and to reduce my earned income tax %. Would becoming a REP and materially participating in rentals r...
Adam Craig
Hard money question and how much closing costs to refinance?
I am using the purchase with hard money, rehab, rent, then refinance with commercial lender plan.My hard money lender charges 5 points on the first deal, 4 points on the second, 3 points on the third ect... Now that w...
Ali Qudsi
Minimizing tax paid on money recieved to buy a house?
Hi Guys, I was hoping someone might guide me in the right direction. To make a long story short a relative has given me and my wife a large sum of money as a gift and we want to use this to purchase our first Condo/ho...
Audrey Koerber
LLC or LP when investing in USA?
Should a Canadian use an LLC or LP as an business entity when investing in PA, USA?
Pratik P.
How to learn your market?
Hello BP'ers!I know that one of the most important things a new investor can do is to learn their local market. So over the past few months I've been watching every multifamily property that goes up on Loopnet in my a...