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Currently in the process of purchasing a property that i plan on using the BRRR method. However the private and hard money lenders that I am in contact with say that the earliest they can refinance is 6 months. Is thi...
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Hello BP,My family is looking for a lake front property to visit multiple times a year and have as an AirB&B the rest in the Okoboji, IA area. If anyone is in this market and has any advice or contacts to share, ...
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I started an LLC for the purpose of wholesaling. I haven’t successfully wholesaled anything yet, but I’m about to purchase a rental property. I expect to still wholesale some properties in the future. I know of severa...
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I am interested in a property. The property is going for $950k and 25% of that would be $237k. We do not have $237k laying around. How do people come up with that amount of money to cover the downpayment? For example ...
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Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...
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I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...
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Are there any recommended methods for searching for properties? I have seen a few here and there that have pulled my interest in state and out but I am not sure if general real estate listing sites are the way to go?
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Hey BP. Question for all my developers out there. Anyone currently using newer technology/material doing their new builds to become more eco friendly? I understand that there is a "green tax" since its not common prac...
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Hi guys! Newbie investor here! I just closed on a HELOC of my primary here in Tampa, FL and was able to pull $185k. As you all know the market here is crazy and homes are on a steady incline. My wife and I are followi...
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I am about to sign a lease with a tenant who is paying the whole year upfront. It is mid November and I am concerned about having 10.5 months of rental income for 2016 being on my 2015 tax return. This will raise my t...