I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
First of all thanks to everyone who helps with this post. I am in month 2 of my first direct mail campaign. Today I had my first motivated call and would like some help on determining value.
I am in Tampa and the m...
I hired a contractor to do part of some renovations on a 40 unit complex. He was contracted for install on some of the units for LVP flooring, cabinets, counter tops, doors, base boards, some wall repair and a few oth...
Hey BP, One of my good friends is totally just did the worst tax job in 2022 I've ever experienced, I vowed I wouldn't ever use him and mix business and friendship..., but my last CPA totally did me dirty and I had to...
Hello All,Thanks for a great forum. I am so happy to have this resource at hand to learn from experts.I just got my first 2 rental properties (SFH, Duplex) in Florida. After getting conventional financing, I asked my ...
I need advice on how to wrap up this deal. I located a mix use property in Queens NY, 2 one bedroom apartments on the top floor, store space on main level. The main floor was being used as a women's sorority. This pro...
Hi,I'm a new investor and looks like will make my 1st investment property in my life. But now the situation bothers me a little bit, so need you guys advice, please! General information: Multi(2 units) in west new yor...
Hey all,It's finally happening. A deal popped up that matched my criteria and they accepted the offer. We are currently waiting on the appraisal as the last obstacle but I have a credit only commitment and we feel t...
I started flipping last year in the Poconos,PA , completed 3. I netted 80k total, 40 on one alone. I am currently using a realtor, and am their "assistant" for MLS use permission. I have a great contractor that is rea...