I have been reading/eating/listening to real estate investing for YEARS now. I am glad to finally pull the trigger with a partner of mine (first time for him as well) and pick up our first investment property! also ...
Can't figure out why when I enter my significant syndication losses into Turbotax it won't show the losses. I have losses of about $73k and net rental income of about $69k. The turbotax tech said it's because I'm not ...
I am trying to build a checklist. What are your criteria when deciding to pull the trigger on purchasing a rental property? Red flags? Please add your own list of considerations, both major and minor.I am very new t...
I have a questions hopefully someone can help me here, I am transforming LLC from partnership to single member, on state level is fine, but I’m intrested on what to do on federal level? Do I need to dissolve entity an...
Hello BP community,Can somebody tell me what is the formula of estimating the price of the rental unit?
can someone give me some good pros and cons of buying a foreclosure home for a quick flip.
Hello, I need help figuring out how to do this the best way without title, legal, or financial trouble.
We've negotiated a deal with a seller (who we know) that we'll buy his house for $345k in 3-6 months after we're...
I have a 12 unit building that I'm in talks with seller on. He's offered it to me on a lease-option agreement, with a "purchase price" of $1.2M, "down payment" of $200k and 5% interest only payments on the $1M debt. A...
Seeking input regarding use of SD IRA funds for REI. Have been using my SD IRA funds for funding flips over the past year, completing 3 with success. I have no issue with this method, easy enough on my end, so no co...
Hello BP
I have a SFH in TX, I want to sell it but I found out that my tenants are willing to buy. Problem is that they have a credit situation( divorce history)but there income is stable now. If I choose to do lease ...