Hey all- I'm in the process of (hopefully) buying a small piece of land for my business. I've done some residential investing and remodeling, but never anything on the commercial side. My primary question is how to fi...
Hey BP! I need suggestions/insight on this opportunity. I came about this opportunity from networking through my current fulltime job. I met a lawyer who's entrepreneur minded personality clicked well with mine. Being...
1. Say a house is bought for $40k, $15k repairs needed. ARV $100,000. What is as is value? For a low priced house like this will you require an appraisal to determine it, or go off some desktop estimate?2. Once as is ...
I'm finishing up a rehab on a 14 unit apartment building. I recently added a bedroom to an efficiency (that had a tenant living in it) by taking space from a storage area and punching through with a door once it was ...
I went together with a family member to flip a house. They provided the funds, I provided the labor. Due to a profit smaller than hoped for, they let me have the $8,000 profit, and I reimbursed them for their invest...
Hi fellows,I'm currently talking to a broker in Green Bay, he is proposing me this revised analysis on this property. I'm still new at this kind of investment, and I'm on the learning curve here. I've already posted ...
A funny review my wife found when looking at an apartment complex on Google... Man, such horrible apartment managers... they follow the law and everything!
Thoughts?
Soooooooo silly question, but I thought I'd ask.The general concept of LLCs I understand, but what I'm struggling with is at which point would you want to classify your LLC as a Corp? The personal tax rate even at th...
Spoiler alert:Despite high mortgage rates and soaring home prices, there's an argument for prospective buyers to enter the US housing market now due to reduced competition. High mortgage rates, currently at 8%, have d...
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...