How do some of these sites screen their sponsors and the legitimacy of their investment return claims? For example, I have been keeping track of some of these home rehab flips being financed on sites like iFunding and...

Greetings BP,Glad to have been introduced to this community over the last month. I am coming from a classic Dave Ramsey mentality of paying off your house in full before moving on to other real estate investments. I a...

We are building a portfolio of rentals and I am looking for a strategic methodology that can be applied to all new rentals that covers everything that is addressed prior to tenancy. Do any of you have a system that wo...

Obviously the key to a successful flip is to find solutions for the distressed person.  I wholeheartedly believe in the business model.  With that said, I have no desire to constantly kick a person when they are down....

Hello,I’m trying to determine a price for a multifamily apartment building I’m selling. The way I’m doing this is taking the net income and determining a possible sales price using the cap rate.Normally to determine ...

Hey BP Family! This is the last section in my new business plan methodology. The first post can be found here: PT 1/5: Capital Acquisition. This section is arguably the most important because this is where we actually...

Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year.  I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership).  I enter the informat...

Hi everyone, long time lurker, first time poster. Had a question regarding a partial 1031 exchange and how 1250 depreciation recapture is calculated, facts are below.12/1985 - 2 flat property purchased for $60k, resid...

If you own commercial real estate property, you are probably well aware of how much property taxes can eat into your profits. Finding a professional that understands how to help you minimize your tax liability while a...

Hello all,  I'm looking at multi-family in Huntsville and having a hard time underwriting the property taxes.  The appraised values are much lower than our purchase price.  If appraised value is adjusted to purchase p...