McKenna England
ADU build or not to build? ROI or family?
Hi Everyone,
I am happy to have found this community! Here is my quandary. I will be approaching retirement within the next several years. I am considering building an attached ADU to supplement my income. Unexpe...
Andrew Holder
Commercial Property Eval. and Lease Structure
Closing on our first commercial property (Office Space) in Oklahoma City next week and I can't help but think that there could have been a more efficient/better way to really analyze a good deal vs a bad deal in the c...
LuAnn Vigen
keeping track of the basis of a rental
I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...
Adrian Carlos
Opinion on Fourplex
Hello Everyone
I would like your opinion on a fourplex apartments I would like to purchase. Here is some information: Asking 120K producing 2000.00 a month(500.00 per plex). They pay everything except Water. Flat ro...
Ollie Oak
Code enforcement for an unpermitted dwelling in Long Beach
I closed up a wall and added a kitchen to existing square footage to make a one bedroom rental apartment in a property I own in Long Beach that is zoned for single family. One of the neighbors filed a complaint with t...
John Vitta
House Flipping and The 70% Rule
Hello BP community
Are house flippers still using the 70% rule to evaluate if a property is a profitable flip? Especially in the Tampa Bay, Florida area.
David Bell
SDIRA to fund commercial building
I am thinking of using my IRA to create a SDIRA, then creating an LLC to own a commercial building using funds from my SDIRA to build the building. Does anyone have experience on this process? Can I commingle my siste...
Lanre Ajala
ADU's in Gwinnett and Cobb County
I'm looking to build a single family home with a basement ADU with the goal of renting the ADU within the Metro Atlanta area (specifically within Gwinnett or Cobb county). Are you allowed to rent an attached basement ...
Andy Pillinger
Opportunity Zones / Capital Gains
Hi All.!Less than a year ago did a 1031 and bought a new build duplex for 305K that i now realized is in an O.Z. This year i am going to have a large capital tax bill to pay in the region of 100K. Does anyone know en...
Jacqueline Coombs
BRRRR How to start?
II am relatively new to this and want to implement the BRRRR strategy to buy rental properties and build a portfolio. I am meeting with a lawyer next week to get an LLC started ( to protect our personal assets, IRA, 4...