Craig L.
Possible/Legal "wholesale" of commercial property?
Here's the scenario. 5-unit house listed for $180,000. Cashflows nicely at that price, even at $200,000. Don't have the capital to put down 20% on your typical commercial mortgage, and the seller doesn't want to hold ...
Clareen Eberly
Bathroom for each tenant when doing rent by the room?
Hello! My husband and I are getting started with doing mid-term rentals. We are looking into renting by the room. Do you find that typically each tenant wants their own bathroom vs sharing one with someone else or it'...
Long Wong
Creative Financing Advice on Commercial Property
Hi BP community. Need some creative financing strategies on the following.
Commercial property is a 10 unit (Section 8) with 3 store fronts. Property is located in Madison county, NY
Property is in good condition ov...
James Fisher
Land Purchase & Title Insurance
I am looking to purchase a lot to build an investment property. Can someone provide a list of closing costs and whether the buyer or seller pays for each?Also, if you would like to share any advice, guidance, wisdom, ...
Andrew Freed
Have a potential wholesale deal in Upstate New York, any advice?
I have a single family wholesale opportunity in Utica NY. Essentially, the seller wants to sell her 4 bed 2 bath for $45K and we plan on wholesaling it to local investor. I do all my investing in MA so I am not famila...
Jason Forman
First light rehab - Wholetail
Hi Everyone,
I have a deal where it's already in solid shape and I'm getting it at a discount. Essentially I want to just clean it out and paint the inside. What does that typically cost here for a 1100 soft 3 be...
Account Closed
general question about real estate
is rental income of 9million in profit every year possible or no
Nick Lippe
Raising Money From Private Investors
hello everyone! I'm currently looking to purchase a 6 unit property in Chicago IL. I have a couple folks who want to invest and essentially put enough money in to pay for the down payment + closings costs. They would ...
Kyle B.
Avoiding Self Employment Taxes
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
Alex Ramirez
300 Units & 1 Short Term Rental on my first year of taking action
Happy New Year everyone!! I know I am a bit late, but I wanted to share the highlights of 2021.
I started my Real Estate journey late 2019, a friend of mine encouraged me to get into Real Estate and I spent the rest ...