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Hello BP community, Seeking clarification if possible in regards to the internal documents held within an LLC. I've been speaking with my CPA (who obviously isn't a lawyer) & my compliance coach from the busines...
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Hey BP,I have a deal under contract in Florida and I am considering the due diligence that I have found so far. The park is on well and septic systems. 1 well and 7 septic systems which have new components as of 2014....
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Older home with great bones built in 1942 - needed full remodel.Purchase price: 235k - short saleProjected costs and time: 45k and 3-4 months.Actual renovation & carry costs $86k and 8 months of work.Commissions/c...
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I am a beginner who just "rehabbed" a house. I followed the model you see on HGTv where an investor comes in and updates things. I put in a new kitchen, new bathrooms, updated paint and floor coverings. We finished...
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When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...
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Ok, this is technically my first real deal on my own.
Foreclosure in my town, found out about it via them coming to look at my current house that I'll be renting out.
Property-2/3/4 bedroom half double, 1.5 baths (t...
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I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
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Hi All,
New investor looking for advice on my first deal. As mentioned in a separate post, I recently found an off-market with approx 100k in equity off the bat. I’m skeptical because I’m usually of the opinion that ...
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For those note investors - Curious what people saw in 2019 as their biggest accomplishments and biggest Ah-Ha moment / lesson learned?For me, biggest accomplishment was starting a fund - there are a lot of Ah-Ha’s wit...
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I have recently inherited a commercial property on the suburbs of Pittsburgh, Pa. ( Think DC/ Baltimore pre-gentrification circa 1990-2000). This is the town by the numbers:POPULATION 16K ( Half being married )-11 % P...