Hello real-estate community,
I am purchasing a conversion 4 unit this Friday in Wisconsin Dells, WI. The current landlord pays all utilities. I've heard some ideas on the BiggerPockets podcast on how to separate thos...
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
Introduction
My wife and I live in NYC – but we’re Midwesterners at heart. My wife is from Milwaukee and I’m from Columbus but over the past 10 years, we’ve lived in Chicago, Washington DC, Atlanta, and Miami...
Hello, I just finished reading Gallinelli's book on cash flow and other financial measures. I am not considering this property as a purchase; just looking to put some of the basic metrics taught in the book in my own ...
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...
I decided to write a column about my own experience putting some of my investment properties on Airbnb, so that you too can learn from my mistakes, understand what a good rental requires, and learn some of the horrors...
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...
Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...