Account Closed
Am I thinking about the tax benefits of renting real estate correctly?
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
DJ Cummins
Biting off more than we can chew? 3 at once to start?
So, we are in the middle of starting to look at some multi-family properties, and our goal is still to buy one in the coming months. 2 friends have also offered us great deals on their personal homes. One was an inh...
Josh Lang
Moving to Green Bay / Wausau, WI - Looking for Advice
Hey BP Community, I have recently hit a mental roadblock that I've never faced before. I have always been 100% on every decision I've ever made in my life up until now. I graduated from the Milwaukee School of Enginee...
Brent Langlinais
Sublet lease question, for medium term rental arbitrage
HI gang, thanks in advance for your insights. I'm a veteran ER travel nurse of 9 years having worked dozens of contracts throughout the country. But the industry has progressively tightened it's belt over the past 12...
Anthony Buonanoma
Questions about capital gains on property that sat in probate for 5 years
Hello, this is my first post and I'm hoping someone can give me a bit of advice. I had a relative pass away in September 2016 and they left several family members properties. I was left a paid off condo in Margate, FL...
Li Tolentino
Invest with Partners - do I need to set up LLC first before offer
Hi, I am new to real estate and looking to buy an investment property with two partners. We want the property to be titled in the name of LLC, for legal protection and also for personal reasons.1) What is the best sta...
Matt Kvalheim
Loan Approval Qualifications - Multifamily/Commercial
Hello everyone,I am going to apply to assume an existing loan on a 25 unit property that I have under contract. The company that the loan was originated with said that their basic qualifications are that I have a net...
Will F.
Little Haiti Miami area? Location. 8 unit deal
Hi I was wondering if anyone knows the little Haiti areaI have the opportunity to buy a $1.4-1.5m 8 unit property but I don’t know the area that we’ll and have never been
Any locals know this area well or if this is ...
Guy Primo
What is a good amount of cash flow for rental income.
I am looking to purchase a condo. Here are the numbers I came up with for this property. What do you think of these numbers? Looking to purchase my first income property already have single family. Is this a decent ca...
Mitchell Robert Classen
23 Years Young, First Flip, $36K P-R-O-F-I-T
The last time I made a post I had just closed on my first house. I bought it to flip. The rehab took about 5 months. Once it was listed, it was under contract in 2 days with an over-asking price offer. Rehab Scope: - ...