Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
Brian Watkins
Possible Legal Issues Arising from Wholesaling Houses
Hello BP Mates! Through the information overload going on in my head something came to me... I don't know what legal issues I could face wholesaling houses, if ANY...which I'm sure there are some.
Did this cross anyo...
Kyle Sanders
FIRST REHAB PROJECT!! Looking for a bit of Guidance with BRRR!
Hi Everyone!!
I apologize for the long post, but might as well share the details:) This is a very exciting time for us as this is our FIRST REHAB PROJECT!
We are not completely new to the game, as in my business p...
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Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...
Josh Calcanis
Seller Financing - A new twist on something I've heard before
BP,I just moved back to Florida from Seattle and one of the priorities was to find another REIA. I found CFRI and attended their general member meeting today. The speaker was going through a couple of methods of creat...
Heather Thuli
Figuring out if you have a good deal or not
I am so close to being ready to get my first wholesale deal. The only problem is I am struggling a lot to figure out if it is a good deal or not. I am looking at on-market properties. I feel like every time I see a ...
Austin Underwood
New member in Columbus Ohio
Hello everyone - My name is Austin Underwood and I've been browsing the forums for a while but have just recently decided it's time to start actively engaging on BP and begin the journey of investing in real estate.Ab...
Neil G.
Vacating 'HOME ALONE' Tenants in Default & Breach? (LA)
Los Angeles county duplex, owner occupied, not rentcontrolled nor subsidized.Family of 4 (mother, her 2 working daughters, and mother's male friend) in the rental unit on a month-to-month who moved in just months ago ...
Account Closed
19 year old landlord
Hello guys,I'm currently 18 years old and was planning on buying my first multi family property using the house hacking method in the Spring of 2020 so I'll be 19 at the time of purchase. My only concern is finding te...