We recently purchased a 120 unit value add apartment community and got the seller to finance. This was a distressed asset with 78% occupancy, needing over $500k in renovation. The option was to close with a bridge loa...
We are debating between and LTR and STR in orange county CA. I noticed that rents for LTR are pretty high but still will not be enough for positive cash flow. STR looks like an attractive option but I am a novice in t...
Hey guys,Here's my situation, my partner and I formed an entity call it First LLC which is classified as a partnership when the EIN was obtained. Later we formed another entity call it Second LLC and again is classif...
Hi all! Thanks for taking the time to read my post, I have a question for all who could spare the time to help. Sorry in advance for the long post but it adds context to my question.
I just moved over to the USA with...
Hi BP community, being new to REI and preparing myself to get my first property I wanted to ask how to go about seeking lenders. Do investors get preapproved from multiple sources or multiple types of lending? Ther...
Hello,I live in Columbus, Ohio witch if you are familiar witch has a pretty hot market with prices and lack of inventory. I have been looking though in some of the less hot neighborhoods that are well established but ...
Navigating Opportunities: Starting Your Own Private Money Brokerage for Real Estate Investors
Introduction:
In the dynamic world of real estate investing, access to capital plays a crucial role in turning opportunit...
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
In case of Adverse possession in Arizona, can someone who has lived in the property for over five years and paid all the taxes, file an affidavit of adverse possession with the county, without filing the quiet title a...
Hi BP,I recently purchased a duplex on a conventional (OO) loan with the intent to house hack it when my current living situation/lease expired.That being said, I was curious how soon I can move of the duplex and rent...