I am trying to find optimal way to structure the following transaction / development project. I would prefer to run this project with minimal personal investment. This will be under LLC and I would still personally ...
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So...... we are rehabbing a house on a street with some nicely updated homes........except one. There is a small apt building at the end of the street that is in need of a paint job. Do you all think we should offer o...
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Hey guys,So we found a deal we are working on, and we're going to use a traditional bank and mortgage for it. However, from listening to the podcasts for awhile, I realized that a "Subject to" deal could be perfect fo...
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Recently I purchased a property with one month tenant lease. I contacted the agent few times to schedule a time for me to go into the property for less than 2 hours, but he never did even he told me he would help me w...
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Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
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Hey guys,I have been talking to the executor of an estate here in Pinellas County Florida and we have agreed on a purchase price. She is ready to sign a contract but the estate isn't settled yet. She said she's still ...
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Hey BP,
In my local market I've been "driving for dollars" and I've seen for sale by owners signs in front of properties that are worth investigating. Does anyone have any tips for calling these individuals? What qu...
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Anyone in the East Bay know of any foreclosure auctions or pre-foreclosure auctions. Im aware most are held at the courthouse steps, whats the dates those are held. What are some possible other auctions held outside o...
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Hello BP Community!I am working to acquire a portfolio of manufactured housing communities and have a few questions regarding depreciation I was hoping to find answers to or be pointed in the right direction. My quest...
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I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...