Tony Hardy
Just closed an apartment building in Beverly and Elgin
I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...
Justin Tortorich
In need of local CPA with Real Estate experience
My two brothers and I are just starting out in this industry. We just bought our first property which is a 4-unit in Baton Rouge. Before things really get going, we would like to sit down with a CPA for a little direc...
David Lovekamp
Hello! :) New to BP, looking to get started!
Greetings everyone! My name is David and I've been lurking around here for short time and wanted to finally get involved with this community. I am a typical 'Office Space' worker, I work in a cubicle for an insurance ...
Erik Kubec
Rents --> my LLC for contract work, LLC $$ --> into Solo 401k
Hey Folks,Here is the strategy I am using. It seems pretty complex.My wife and I have rental properties.My LLC, taxed as a sole prop, has a 401k with another property in it.For the 3 rental properties my wife and I o...
Rosario Salamone
property with no basement
I came across a property for the first time without a basement. Would love to hear your thoughts about this. What are the pros and cons? Felt kinda weird. Should it have?
Mibin Joseph
Installing door to the basement
Hi, our SFH in Loveland, CO has a finished 1100 sq.ft basement which is listed as STR. However, the entrance to the space is shared and not private. Could someone advise me on who are the people that I should be talki...
Raquel Blue
Looking to Connect with Norfolk/Virginia Beach Investors!
Hello everyone!
As the title states, I am looking for current or future rental property investors in the Norfolk and Virginia Beach area that may be interested in doing business with me. I'm looking to invest in shor...
Mark Beekman
Ignore Water in Basement?
I have a split-level built in the early 70's that gets some water in the basement/downstairs living room, as well as the crawl space, during heavy rains. There is a water dam and a working sump pump in the crawl space...
Tod R.
Obama proposes panel to sell off unneeded government real estate
Does this get anyone excited?
14,000 buildings and "structures". Any chance that these buildings won't need updating? It will be interesting to see how this unfolds. I wonder if they will include any land in the s...
David A.
Not Sure What to do with Downstairs Floorplan...
So I'm about to close on a house that is currently a 3/1.5. I'm expanding that .5 on the ground floor into a full bath, but I don't know if I should turn the room that the entrance is in into a small master bedroom (w...