Hi everyone! I have the option to buy an off market 4-plex (technically - 4 townhouses). The BPO came back and the seller is willing to sell it to me at that price, with no mark up. All units are filled with reliable ...
Hello! Starting a Wholesaling Business with a partner and have a few questions. Should we have an LLC in order to facilitate the initial transaction of getting the property under contract? Is there a significant benef...
Hi all! Newbie here and appreciate all of your expertise in this community. We are looking to rent (either STR or MTR) the lower level of our house. I will discuss this with our CPA as well, but wanted your input on ...
Can you offset depr. recapture with carry forward losses on sale of a Rental property for a Non Real estate professional ?Example (putting non depr. land value aside) :Purchase price - $100,000 Selling Price - $125,00...
Hello, I am new to investing. Should I have to show my drivers license to view an off market property’s address? I am working through a third party company that lists deals and they are requiring that I provide a pict...
My name is Ken I am a sergeant with the NYPD I live in long island, NY. I'm married with 4 children and looking to get into the real estate industry to provide for my family's future. I currently have 3 small single f...
Hey there BP,I am hoping to get some recommendations for a tax accountant to help me with my investment portfolio and expenses as a realtor. Personal experience with the professional is what I am looking for from a re...
I am new to real estate investing. I have an offer on 2 Fourplexes right now and am wondering if I should pay for professional inspections. They are approximately $1000.00 for each.My agent has gone with me to inspe...
I am analyzing a market and am taking a look at the current multifamily properties in the area for sale- using propstream. The comps have some outliers. do i remove the outliers? The comps are 4 properties at 755,000 ...
I have a close friend who's shopping for financing on his 7th home. Mortgage professionals are looking for far more reserves and qualifications for this home. it was explained that this happens after you have 6 homes ...