Hasten Rudd
Deriving NOI from audited financial statements
Hello investors,Question for you all. I'm hoping someone could help me out with suggestions in calculating the NOI of a real estate asset (in particular, hotels and apartment complexes) from a set of audited financial...
Ted Lamb
Cash Out Refi Loan Question
I am trying to get a cash out refinance loan on a house that is currently paid off and this would be the new mortgage. My wife purchased the home in 2013 with cash and we got married in 2018. The title still has only ...
Gloria Wong
First time home buyer| Real Estate investing
Hi BP Forum.
I'm looking for some advice to help me get started in real estate investing. I wanted to take advantage as a first time home buyer using FHA to buy a multifamily house or perhaps a duplex in NYC.
I ...
Michael Wentzel
Cost of tax preparation? $100 per property?
We have 19 properties in a Colorado LLC and 19 properties in an Ohio LLC. We have a property manager in Colorado and another one in Ohio that give us pretty good annual reports. I believe we have approached 5 CPA's or...
Rose Miller
Need more Knowledge
So I’m very new to wholesaling as I have been reading and researching on my own ! So I want to start off trying to wholesale land ! I know in South Carolina you need a attorney to look over the contract which I alread...
Franklin Lee
Unlimited tax deductions back in the days...
I heard from my dad that back 15 years ago when he was an active investor managing a rental business, he was allowed to take unlimited tax deductions...is this true?
Now, I know that you can ...
Julie Marquez
Buying Property #2 - My Primary (property #1 was a rental)
Property purchase #1 was a rental and I describe the entire buying process in my blog post here.Property purchase #2 was my primary home and we just closed earlier this week. Lots of people ask the question about whet...
Mason Myers
How Much Should I Pay for a CPA / Do I Even Need One?
Hello all!
I'm a new investor in my 20's, getting ready to file my first year of owning a Duplex - renting half and living in the other half. My questions surround how to structure my taxes of course. I've always fil...
Robyn Gersh
Self Directed IRA’s - disqualified parties
Hi All, I am looking to discuss who has used a self directed IRA to partner up with your own LLC to buy real estate. Can you rent your property to someone and then sublet it from them to get around the disqualificati...
Annalie Anderson
REO Investment Opportunity
I'm in the process of starting a REO investment club where many investors will collaborate to become like the bank and financed people without the headaches. This club will be for investors to create for themselves a ...