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Hello BP community. 2018 was my first year investing in real estate. I was hoping to see some tax benefits, but my CPA sent me this note:"And what I suspected did happen related to the rental. Your income was too hig...
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Hi everyone,I've found several investors interested in apartment communities, about 720k worth. I've been talking with syndicators who offer GP membership in exchange for bringing some of the investment capital. One p...
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So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
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So maybe I'm overreacting, but I need to know what my fellow BP members have to say. Here's the story. I'm working on my first flip, I chose to use my friend and contractor of 18 years, to do the rehab. Today as we'r...
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In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
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I'm a big listener of the BP podcasts and have read most of the books they've recommended there but they're largely American and often talk about American real estate strategies. As both a new investor and a Canadian ...
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Good morning BP,
I'm looking to acquire good cash flowing rental property in the DMV area and have a few leads from wholesalers. A common theme i'm noticing is that they are requiring that i use their title company. ...
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Is that even legal? Is it ethical?I had a homepath offer accepted on the 30th at 11:54 pm so basically midnight. And we went to get the packet in (signed doc, earnest money, etc) today but my realtor got another email...
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Hi. I am investor from Madrid, Spain. I am buying real estate on my own in Spain. I have a team which works for me. We also offer to potential investors for sale profitable properties in different areas of Spain. I am...
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just checking others with experience here in CT. i am trying to put together my team to get me going toward my first purchase and stumbled with the first member... the agent. in speaking to them (known the person a lo...