Ralph E.
What do you think it cost you to get investor business started?
I am wondering what the average cost to start a real estate investor business, by getting all the legal, tax, liability insurance, etc?This would be for a fix and flip situation.But possibly a buy-no fix-flip, seller ...
Gregg Truex
Trying to better understand the cost on UBIT (Unrelated Business Income Tax)
I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...
Soroush Akbarzadeh
Cost segregation for STR with a business partner (50/50) - material participation
My business partner and I co-own (50/50) a STR in Hawaii that we both manage on our own. We've completed Cost Study and are working with a CPA. There are some questions that we are having a hard time getting answers t...
Roy Palmer
Savings/ business credit for rehab costs + traditional FHA for mortgage or FHA 203K?
Hello all,
As my girlfriend and I look to purchase our first househack, we are curious about the pros and cons of using savings/business credit for rehab costs vs. folding costs into the mortgage with a 203K loan.
...
Arnie Guida
Doubling My Doors
Well. almost, I have a 4 family and a single, so that's 5, and I'm going to 9.
I've just bought another 4 family. A small step for many here, but a big step for me, I am a little anxious...I've got a small ...
Erik Grahn
4 plex in SF Bay Area or invest in Cleveland
I live in the sf bay areaI have been considering investing in sfh rentals in Cleveland for long-term holds. The numbers seem to make sense.Today i spoke to a couple who are very successful in RE. I told them my plan f...
Matthew Schroeder
Buying A Metro Denver Home? It Will Cost You More than Ever (Denver Business Journal)
According to data released on Thursday by the Denver Metro Association of Realtors, the average price for a single-family detached home in May reached an all-time high of $420,630 (link to story below).Buying a me...
Mark Slutsky
Stay with current commercial real estate brokerage or leave?
Context: I am 30 years old and have been a commercial real estate agent for 2 years. I have a strong background in sales and joined a very reputable commercial firm that is owned by my best friend’s family. I am at a ...
Emmanuel Sanchez
Tenant Claiming Damages To Personal Property
Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
Jonathan Johnson
Deal Analysis help! 100-unit
Hello BP,Often in my search for good deals, I get excited and can't think logically especially when I find something that is out of my usual criteria.I think I've found a good deal though.My wife and I were looking at...