Johnny Quilenderino
Attorney Chat for starting a partnership with multiple investors
Good evening BP,Tomorrow, I start my journey into flipping and creating more income for the family!!! I will be speaking with an attorney to structure a partnership that will involve multiple investors (10) on individ...
Account Closed
JV with Property Owner Fix and Flip - Input Please!!
Hello Fellow BPers, I'm considering doing a JV Flip deal with a property owner. I've been advised that it is possible, and they would simply add me to the Title via quit claim deed. I also plan to form an LLC between...
Brandon Cho
How important are Macro concerns
I'm just wondering how important macroeconomic events are in the real estate world and how much people take them into account. For example, China's rise in GPD and BRICS, debt-ceiling raised for another two years, inc...
Tato Corcoran
Should i get an appraisal to help me decide whether i flip/BRRR?
Hi all! I bought a property in the Wauwatosa area of WI (just outside of Milwaukee, WI). It was a total fixer-upper when i bought it, and I’m now a few weeks into my rehab (hopefully done before May 1). I’m debating w...
NA Zhu
LLC owning and running STR at net loss for 3 years, does it classify as a hobby?
Hi, I am new to STR market, and I plan to get into this business after learning all the benefits it comes with.
We all know how STR (for 7 days or less lease) can be great for depreciation tax deduction, as it counts...
Julie Muse
Foundation Fiasco: Navigating Unexpected Challenges in Nashville
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $190,000
Cash invested: $1,700
Sale price: $215,000
Partner Driven, in collaboration with Seth Choate, faced an...
Ryan H.
Anyone Looking for a Flip Deal in Bergen County?
If anyone is looking for a flip deal in Bergen County I just posted a great one in the Marketplace for a 3/2 in Midland Park, NJ 07432. I actually own the property (i.e., this is not a "wholesale" where I am trying t...
Ivan Reyes
Short sale house has mold. Would you use to offer low.
The property I'm shortselling has mold on the walls in a couple of the bedrooms. Small house needs new roof. Is that a strategy you would use to get a rock bottom price from the lender?
Would you state that in your l...
Steve Foth
Newbie in Wisconsin looking to buy and hold
Hi everyone at BP! I'm Steve, currently self-employed, but looking to expand into real estate for some stability. In my current line of work(DirecTv), I am constantly fighting off the state trying to classify subcon...
Jim Herbst
Can this be considered a legitimate business expense?
I purchased a new air conditioner for my primary residence in the summer of this year. In the fall of this year I purchased a new primary residence and began to rent out my old primary residence. Can I count the ...