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My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
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Hi! Couple questions about sheriff sales in PA. What are the terms of the “redemption period” of Montgomery county, PA? Can someone tell me if this is correct: if the owner redeems they have to pay the full bid price,...
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I am looking into ways to find better deals to BRRRR and have been looking into auctions. It seems like its a bit risky but also potential for great reward. I understand that I have to pay cash and can't run an inspec...
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Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
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Hello!I know there's no crystal ball or magic bean but I've been reading all the great advice that gets posted here and as a newbie I am hoping I might be able to get some guidance. I have recently been to Joshua Tree...
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Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
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Do apartment buildings appreciate in the same way single-family homes do, only at a lower percentage, or is the value of the building at the time of sale based solely on NOI and cap rate? I'm working on a long-term bu...
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Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....
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New here to BP and note investing, and getting baptized by fire. What a pickle I am in. I need advice! I am the lender on a $50K note that began in early 2017. The note listed a property in its text, but it was not s...
My sister and I just received an email that the calculation of real estate taxes on the sale, completed this past September, of the house our father left to us, was done incorrectly and we have to settle it with the...