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My husband and I own several rentals, all of which we have purchased with cash. But we have been re-evaluating how we may fund future deals. One of the major factors that we have been overlooking with hard money is le...
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Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...
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I recently purchase a house to flip. I have ran into a snag the foundation is basically nonexistent. Two major structural companies have bid the work and have quoted ridiculous pricing. If I hire a structural engin...
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Hi guys
Has anybody been to an auction at Columbus Ohio Franklin county courthouse
I did today for my first time auction. just to get the feel of things and to see how everything operates. It was a good experience.....
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My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
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Dear BP Community, I am buying both units of a duplex, leasing one unit to someone else and living in the other. I’m taking a hardship withdrawal from my 401(k) to fund the purchase. Any comments regarding my decis...
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I've decided if I buy a 3-4 family that I really don't want to live in it. Mostly I don't want to find one my girlfriend will be happy living in, getting something nice enough to make the both of us happy means we'll...
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Hello everyone! Currently doing reporting on my portfolio, and I see we've spent $1800 on pest control YTD over 5 different doors. My question to the community is, should I continue to offer complimentary pest contr...
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I own a multi family home in an area where there is lot of demand for multi family homes.I have been an owner occupied owner of this property for about two years and wish to sell without incurring any agent fees at a ...
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So I'm going to my first home auction tomorrow. Older gentlemen died and his kids are auctioning off the home and everything in it. I want the house of course and need some tips on how the bidding process works. Do we...