Investment Info:
Large multi-family (5+ units) commercial investment investment in Kansas City.
Purchase price: $755,000
David and Alice Smart's Historic "Additions" is two buildings totaling 28 rooms in...
I am an investor in a single rental property which I just sold. I'll file IRS Form 8949 and Schedule D (with unrecaptured depreciation on line 19). Is Form 4797 also required even though real estate is not my trad...
Are there any concrete calculations that can help determine when is the right time to cash out of a low interest rate loan to utilize equity?
Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
I’ve heard about ‘gap funding’ for fix & flips to cover down/closing/holding costs in addition to the hard money loan for most of the purchase price & rehab, but how realistic is it to secure that type of fund...
I have a deal that would make a great BRRRR. $60,000 asking price, $90,000 rehab, $200,000 ARV. Cashflow positive $300 a month using the 50% rule financing 75% LTV when done. Obviously I’ll dig deeper into the expense...
My spouse and I are ready to start RE wholesaling for a career change. I previously held a RE license. I have read so much regarding what should come first. Many say build your buyers list. Others say, don't worry ...
Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...
Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage. I have enough for 20% down, but rather I will put 10% down and save the remaining 1...
Hey BP,I am currently working on a fix and flip where the budget started at 80k before demo and figuring out what to do (old house with funky floor plan). Purchase was 80k. House is 3/2 bath 1800 sq ft. Reno budget is...