Chris Sherman
New Member From Louisiana
Hello BP Family!My name is Chris. I have always carried a desire to get into real estate investing and have been warm and cold commitment concerning getting started. I have developed a liking to listening to the po...
Paul Parker
Closed on a 7 unit property I had listed
Hello BP, I'm excited to have closed on my first small apartment transaction early today! It was a nice 7 unit property here in Toledo, Oh which I thought was a great investment because it had my phone ringing off the...
JD Ruiz
School me on master leases/sub-leases
I was reading through a discussion recently where one of the contributors mentioned making money through master leasing or sub-leasing. It sounded like a really good way to benefit from cash flow with minimal risk and...
Terry Schell
Drug Zones
I am looking at a C class apartment building of about 21 units; it is below Market Value and fully occupied. My research has revealed that it has a bad rep about being a Meth Center, and appeals to those likely into...
Sheldon Alex
Analyzing a Flip That Has Multiple Costs
Hey everyone. Here's a deal I'm going to break down pretty thoroughly on my process of evaluation. I got this deal from a connector within Gator. Before I looked at the deal, here's what I asked from him:
The purchas...
Jason Thomas
Capital Gains savings by selling rental with allotment sale
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Robert Burns
Lease Option w/Realtor
I want to lease option a property which is listed with a realtor and then immediately assign my option to a tennant buyer I have already qualified. I will get a fee for my assigment from the tenant buyer and then "wa...
William C.
$10k in water damage caused by tenant. Advice on how to handle.
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
Brendan Hallissey
when do you start recognizing a capital gain when owner financing
I am considering owner financing the sale of a building I own. Will I owe cap gains as soon as I start getting payments or will I not owe cap gains until all of my basis is paid back? Say it took 10 years to get bac...
Wanda P.
Words From a Wise Investor
Hi. Think back to when you first started your real estate investing journey. You are ready to purchase your first fixer upper. Knowing what you know now, what advice do you have for yourself?