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The government spent billions of dollars to bail out the banks in hope to stabilize the financial infrastructure so bank would start lending again. It seems to fail for the most part.
Wouldn't it be better if the gov...
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Hey everyone, Just bought my first multi family property (duplex). Excited that I made the jump into “financial freedom”. Anyways I’m looking for guidance or just a helping hand into the world of taxes. Im knowledgeab...
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Hello all,
I'm considering a private loan with Bridge-well Capital, however they are indicating they don't loan to individuals . This company is advising I'm must close as an LLC which I'm currently not . Any opini...
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I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
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I apologize if this is going to be a long post.
We currently were brought a wholesale deal for 7 apartments (80 units) in Elizabethton, TN. To start off with here are some numbers:
Purchase price: $2.2 million
Es...
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Hello BP family! Recently I’ve been in search of my first deal and think I found the duplex in my area, pittsburgh, where the numbers make sense. I ran the numbers using the BP rental calculator and this property coul...
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What are your opinions on flooring material for rentals? I have been leaning on possibly utilizing the wood looking tile plank, but haven't yet.
What are your opinions on flooring for stairways? Is it worth while to ...
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Hey all. I just signed contracts on two duplex. Looking for a DSCR, preferably a blanket loan. Each property is 70k.
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I have recently done cash out refinances on about 10 single or duplexes in Pennsylvania valued at about 130k each. Ltv around 70 percent. I'm looking for a lender who will take second position on all of these and gi...
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Any experienced landlords know if tenants would prefer a 4th bedroom over a 1 car garage, or vice versa? I've been thinking about buying 3/1/1s or 3/2/1s then converting the garage into a 4th bedroom since they rent f...