Hey all, I've identified a property which, so far, is looking good. However, the owner uses, as the realtor put it, the old shoe box method of accounting. Which means she has no way to provide expenses on the property...

Greetings everyone,In parallel to my house search (settled on focusing on 3 family house thanks to gentlemen recommendations here), I am also starting my general purpose LLC.It will have a foot on housing rentals and ...

Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...

Greetings BP,
I wanted to share my parking "activities" within the BP community since I see this a pretty obscure topic. Overall, my goal is to JV on, and eventually partner with a GP to syndicate, a parking lot and/...

Hello BP Family,I am in escrow for a SFR that has a permitted 432 sq ft ADU on it already. The property does need a good amount of work, but 90% of that work is outside cleanup, dump runs, and new fencing to make it l...

Hi all, I'm pretty close to purchasing a property in a nice part of Dallas. It's a small 1 bed 1 bath, only 500 sq. ft. and selling for $85k. The current owner has put almost $25k in upgrades into the small apartmen...

Anyone experienced about impact of investments in Syndications as either LP or GP and effect of it on FAFSA?

Hey Fellow BP’ers,I’m passionate about US REI and want to get involved in private lending. Other than just loan out my money, I’m looking to build a business around it that could help my fellow lenders. My background ...

For those that are interested, see the new IRS Notice 2019-07 that was just released. After a quick skim (page 7), it looks like we finally have our guidance on possibly claiming the 20% QBI deduction on rental income...

I did it. I sourced a leads list and ordered some postcards to be sent out 02/25/2016. 893 leads on the list I currently have together. Targeting absentee owners for this marketing push. I think now i'm more afraid so...