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Hi BP friends,What are your thoughts about buying a MFU house hack that initially has negative cash flow once it is occupied by tenants as long as I see possibly for cash flow in the future with refinancing for lower ...
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
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I had this thought as I am house hacking (Syracuse NY) and want to make my unit nice with some upgrades. I am curious on people's thoughts on this topic.Should you or should you not make your apartment that much diffe...
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Hey BP,
My wife and I are under agreement on our first out of state single family property. We’ve established a team on the ground to help us with due diligence. We are looking for advice from experienced investors t...
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Has anyone used this site?
http://www.investornation.com/
It claims to sell "Turn Key Cashflowing Rentals." The only markets available for cashflow seem to be Memphis and Atlanta on their site. I imagine they are b...
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
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Hi BP,I need your help. I recently bought a duplex (house hack) and I looking to touch up the upstairs kitchen before I post the unit for rent. While my ultimate goal is to replace the cabinets I am unable to do so ri...
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Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
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I'd like to find out what you all think about Axiom realty Capital. I am considering investing in their pre-construction programs. Are they legit?
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So I may be over thinking this or maybe this actually does matter as much as I think it does, but I am in the process of getting my real estate salesperson license. I’m on track to be licensed next month and I’m curio...