Jeremy England
Anyone doing small sdira lending?
I have an IRA with about 27k in it. Its not my primary retirement investment vehicle. I am currently working with a friend who is planning on opening an sdira with one of the custodians listed on bp. His has about ...
Erik Sheehan
Tax Benefits Quitclaim to LCC
Hoping to get some insight from anyone that has experience handling carry-forward loss. I have a property with several hundred thousand in carry-forward loss. I don't plan on selling the property. I am wondering if I ...
Marcus Holloway
Refinancing a seller financed rental
Hey BP,
I'm in the underwriting stage of what is now been a 4 month refi process. I'm using a private lender. I started the process by explaining to the lender that I'm seller financing a property in hopes of BRRRRi...
Greg Widdicombe
Final transaction(s) in QBO to close out a flip
Hi many thanks for all the previous discussions on setting up QuickBooks for rehabbing, we poured through the advice and believe our setup and recording of expenditures are correct - now comes the fun part of recordin...
Nick E.
Closing early January 2016. Tax consequences
Hello,I will be closing on my first rental property on January 5th. The house needs numerous small "repairs" that we are planning on completing in the first few days of owning it. Most of these items are small like ...
James O'Connor
Deal #1 - Duplex in Norwich
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Norwich.
Purchase price: $179,000
Cash invested: $7,000
First Property done and in the books. House hacking a duplex. Shou...
Edward Eloma
BRRR OR TURN KEY INVESTMENT?
Deciding what is my best option to do. I have a current 3 family as a primary residence I’ve owned for 3 years. Looking to acquire my second property 2-3 family having that owner occupied. And looking to also expand m...
Joshua Goston
Rental Property Investment Strategy
Hey guys, So I've been studying investing in real estate properties for a little while now. I've put together the beginnings of an investment strategy draft. It's laid out in order and is set up so that indented bulle...
Al Kirk
Mortgage Note Arrears
For the experienced mortgage note buyer....My question has two parts:1.If I am purchasing a non-performing note do I add the arrears as fees to collect from owner when modifying the original note?Just a scenario:last ...
Geoff Stuhr
South Dallas Market
Hello there BP Community - can anyone give me the low down on South Dallas? I have an opportunity to partner in a large scale A-class multifamily / mixed use development. I know that DFW and TX in general is booming a...