Hello BPersI’ve been looking for a mentor for a while and finally found a multimillion dollar investor here in the DFW metroplex(4000 doors)and he offered me a full time job as construction manger for $12/hour as a st...
Hi all,I'm looking to register an official entity to do business through. Should I do an LLC through Legal Zoom? How much should I spend on this?I spoke with a local investor who has given me some advice and he has to...
Hello all. I just took the plunge and went pro, I'm ready to start learning and earning. I have my real estate license, but I have not done any kind of deals yet and I need to gain some experience. My goal is to do...
Now I know there are many factors such as location and stuff like that but let's consider the external factors to not affect this. Also I do realize that everyone is different, but from your experience, would you say,...
Hoping someone can help us with a potential opportunity that came our way. We have been under contract for a property and going back and forth with the seller on some terms and financing. Just yesterday he proposed po...
In the market for another STR and wondering if anyone has a spreadsheet that calculates STR deals? Or, how do you decide whether or not to purchase a STR?
Would be any issues if the bank see the house is being offer as a short term rental? I'm ready to sign a regular annual lease and Tenant will used the house as a short term rental with my permission. But I don't ha...
IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the...
Hello. My Dad wants to sell me one of his rental properties. It seems like a great deal in the long term, but will be very difficult/expensive to make it cash flow for the first couple of years. I recently lost my...
I am just looking for clarity on this matter. If I have a bunch of depreciation in my holding company, can that be used to off set capital gains tax on my flips?