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I own 1 profitable rental property and I am retired, keep separate records on my rental property.According to IRS guidance it states: "If an interest in real estate fails to satisfy all the requirements of the safe h...
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I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
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Hello, I'm new the the Richmond market and doing some research into the MTR demand and rates. If you have a MTR in Richmond, I'd love to hear from you.Specifically, I'm looking to learn:-How much demand there is for M...
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Hello BP Community! I am looking to change up my "Elevator Speech" that I use to give people a quick overview of what I do (buy distressed properties to rehab and resell them). I want to modify it so that I excit...
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Just had my first response to one of my craigslist ads for getting leads. They were not happy. Kept calling me a scam. But Im letting it roll off me because not everyone is going to be happy. At first I was taken abac...
I've owned and been managing rental apartments for nearly two decades. Never was into renting age-restricted units. This year we're building several standalone rental cabins and have been trying to advertise to the ...
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Hi Team,I had to fire a client recently and wanted to share why! MAKE SURE YOU VALUE YOUR TIME!Do not deal with the following.- Unrealistic expectations- Don't be an "errand boy/girl"- Don't deal with clients who are ...
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Over the last several months I have been laser focused on finding off market Multifamily deals, financing using OPM, and cashflowing from day one. Sound impossible?? It’s not, I promise! I have found success with a fe...
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Let's say a person lives out of state, and you are looking to purchase there vacant property, you negotiate it, do all that stuff....But how do you actually get access to inside the property, if the seller lives a dis...
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Hi Everyone, Question for property managers from a property manager:One management company approached ours, with the following proposal:They have + 20 properties that they are currently managing (poorly apparently) a...