I am thinking of selling a property that has no mortgage for $200k. Approx $150k of this would be LTCG and recaptured depreciation. I am also looking to buy a property that is a tear down. Purchase price is $75k. My u...
We are working out a deal to partner with a very trusted contractor that we’ve worked with in the past many many times. But he is requesting some thing that I’m not completely sure makes sense.The deal is for 50/50 Eq...
Hi, This is a bit complicated... Multi Family purchasing, Have you ever prepared an OA for your LLC when adding a member that isn't investing money***? It is common when the deal is bigger than your normal practice an...
Hey guys - I've got my first seller financed deal in contract and would love to have some feedback on these numbers. This is totally uncharted water for me so any other tips or advice are welcome.Deal specs:ARV - 400...
Just curious, BP nation, has anyone bought property in Sicily? We are currently in Sicily and there are many old, run down, abandoned properties here. One of which used to belong to my wife's father's family. It's ...
I'm full aware that whatever backs up into your goals is what you should be aiming at. I know that my market also plays a hand in what is selling/cash-flowing etc. However, if I'm currently not in a financial position...
Hello everyone! I am brand new to real estate and have a couple simple questions. I have heard about Syndication and find it fascinating! I want to learn as much as I can about the process as my goal in the next 2-3 y...
I'm a rookie looking to become a expert at subject to deals in New Orleans..Any advice is welcomed :)
Do any of y'all leave a welcome basket of some sort for your Long-Term tenants? My team and I are wanting to add a special touch (outside of the 2+ inspections / year we do) to let our tenants know that we care for th...
Hi all,I discovered real estate investing around a year ago, as part of a larger journey learning about financial independence. I consume loads of information now: podcasts, books, blogs. However, I haven't bought a r...