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I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
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Hello everyone,As my partner and I build the backend of our business and define our partnership agreement we want to find a good RE attorney to speak to about the agreement and ensure we are both protected. We also wo...
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Hello BP,This is not a 1031 question but I thought the audience here may have better idea of what I need. If one meets the requirements of an accredited investor, do they go register somewhere or how does it work?Thanks!
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So I'm starting out with one SFR and looking for someone to help me with taxes. I found a few bookkeepers who also prepare taxes. One of them is a real estate investor himself! Can anyone help explain to me the practi...
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Hello Folks,I am a newbie in Los Angeles, and this is my very first post! I awoke to the concept of REI a few months ago, discovered BP for a little over a month, became a pro a couple of weeks ago, have been reading,...
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I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...
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Hello everyone and thanks for any feedback. This year i bought and renovated a few mobile homes in FL under the same LLC and already rented them out. The income is coming in to the LLC's bank account. My questions are...
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Can anyone in the Syracuse or Utica NY area recommend a financial advisor that knows a lot about real estate? Preferably one who will do an initial in person meeting for free and is available to talk very soon, like t...
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TL;DR - What's the best way to put personal cash into an LLC for a real estate syndication deal that will pay monthly cashflow? Also, if I borrow from my life insurance policy can I deduct the interest paid back to th...
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Investment Info:
Single-family residence fix & flip investment in Melbourne.
Purchase price: $102,500
Cash invested: $39,000
Single-family home in growing West Melbourne on large lot. Adding one ...