Alvaro Giraldo
Liens violations and Taxes.
Came across a property from a motivated seller. It has been vacant and abandoned for 10 yrs. The property is appraised at 70k. It has a balance of 43k on delinquent taxes. I'm looking to wholesale it. The seller has a...
Sean Williams
Bungalou: Louisville's Premier "From Pig to Princess
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,250,000
Cash invested: $2,100,000
Open as of March '22, BUNGALOU "Stay & Play" is concept that blends ...
Robert Borer
SD-IRA Tax Handling for Investing in Single-Member LLC
Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment". I invested in a Single-Member LLC, of which I am the "Single-Member". The single-member LL...
Karen Bruck
Can I use a 1031 exchange to buy siblings part of inherited home
Hello everyone. First time question but have been helped many times with the great advice found on this website.My Mother's house is located in San Diego, CA. When she passes, the house will be left to 4 adult childre...
Chad V.
The Value of Biggerpockets.com
I just started a free online course offered through Stanford University called Technology Entrepreneurship. The first assignment was as follows:In the text box please: Identify the start-up/company (name)Describe the...
Tim Johnson
Resort Valuation
Hello BP!I have a connection to an older couple that are interested in selling their resort in norther Minnesota. It's been family owned for 60 years. It's beautiful...a dozen fishing cabins in Northern Minnesota on ...
Ernie Be
Inherited my stepdads property
My stepdad passed in early September and left me his home/truck. I could sell home for around 300k...he still owes vicinity of 150k. I know it's all a personal decision however I wanted to hear some opinions. I have t...
Brian Plajer
Can and LLC obtain a LINE of credit?
We are looking at our first commercial property, triple net lease. We have an LLC that we quit claimed three properties into. We probably have about $400-$500K of equity in those properties. Can the LLC get a line ...
Matt Cupp
AirBnB Calculator Tool
Has anyone identified a nice methodology of doing an AirBnB/VRBO analysis on a property?
Rich Hupper
Land with no owner and no tax bill
I have Identified a piece of land with no owner. The city has no one to send the tax bill to. And the city does not own it. The city says property like this they usually do not pursue a tax foreclosure either. So esse...