We have an off-market 18 unit apartment building under contract, with a mix of units (1 studio, (6) 1BR and (11) 2BR units).I own 10 units in the area; however, they are a mix of 1-3 unit buildings. I'm much more expe...
Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
Can a Florida realtor receive a referral fee from a New York realtor or broker? I reside and work in Florida and have an extensive network in New York in which I will be referring real estate deals to a broker up the...
Hi - I showed my SFH to several prospective buyer yesterday. Neither has submitted the rental application yet. I sent them the link to apply via cozy. I told them once their application is accepted, we will proceed wi...
Hello BP!I am in the process of selling my 'first flip'. In quotes because I had purchased / rehabbed the property originally to be a rental, but through a confluence of events I've decided to sell the property and pu...
Tax Question (two scenarios) - Question builds so please read all three bullet points and provide feedback:
1) Capital Gain – seller purchases a property for 40K. 20 years later property is fully depreciated and se...
Hello everyone!I am new to the BP scene, and would like some advice on my first BRRRR calculation. I’m on the brink of making my first purchase towards (hopefully) a successful real estate investing career. My goal is...
Hello,
I'm Lulu, a total newbie, kind of got forced into this as the market crashed and we couldn't sell the house for a profit and my SO got transferred to a job 80 miles south of where we were living. Anybo...
My husband and I have experience in SFH rental and fix/flip. We are moving to NC and visiting next week. The Triad, especially Greensboro looks good to us, but wondering if the Rt 16 construction from Newton to Charlo...
Hello Everyone, I live in the Atlanta (sandy springs) and currently am seeking a mentor to help shape me into a solid investor. I am a young (26), strong, disciplined, smart guy that is willing to provide value wether...