Right now we have 5 properties that we do rental arbitrage through right now and we are looking to expand into more properties. The issue that were having is in our communication with the landlords. They are very comf...
I bought a 5 B/R house in Jacksonville, Florida last Wednesday. The house had a fire & been sitting there since then, (mid 2019). There are 2 years property taxes owed. All of a sudden; within days of her signing ...
Greetings! Is it normal to use a hard money loan to acquire an invest property that’s ready to go/doesn’t require work? So I’d borrow the money just to get the home and then do a cash out refinance later. Is that norm...
How deep do banks normally dig for commercial realestate loans? Here is my situation. Full time I work for the State Police, have a property managers license and Mgmt bness where I manage 20 homes owned by others ...
I'm looking at my first rental property in Ohio and there are some terms in the property management agreement that I would like to ask the forum to weigh-in on. Some of these terms may be normal, however they stick ou...
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
I was at dinner last week with an attorney who represents apartment investors in Altanta, GA. He brought up the topic of lawsuits surrounding apartment buyers/sellers.I asked him, "what is the basis behind some of the...
Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
Hello everyone, As the market is up in the air, I feel like a lot of investors I work with are more skeptical about deals. I have heard land development might be the next best option and wanted to jump in here to see ...
Hello BP members,
Need some guidance here.
We own some land in southern Charlotte which is currently zoned r-40 for single family. We want to subdivide the land and partner with a builder and build a community and ...