Daniel Moreno
Vacation/Airbnb Home as a Second Step
We live in Boston, and will be traveling to NYC (midtown) every weekend for the next year (Sept-May), and every other weekend for the next 5-6 years. We currently run an Airbnb out of our home, which generates good ca...
Sean Meshki
Example of investor pitch deck
I am looking to start a new real estate investment company. I am looking for an example of a good PowerPoint investor pitch deck. I’m looking for a deck between 10-15 slides long, introducing the company, summarizing ...
Frederick Hawkins
Tax Question - Passive Real Estate Investment Income
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Michael Bernhard
Hiring a contractor-do i need a 1099, etc?
First time poster here:I have operated a consulting business for many years and recognize the need for contracts, 1099s, etc when hiring subs. However I recently becam a landlord and we need an Air Conditioner install...
Charles David
CAP Rate calculation
Can you guys and gals help me check out my CAP rate calculation and tell me if there is any thing I have forgotten?
Cap Rate is Net Operating Income divided by Property Cost or Value.
Net Operating Income=
+Revenu...
Damian Smith
DoHardMoney and their "100% financing partner with a pro" program?
My wife and I went to the hard money directory on this awesome site and placed a call to this particular lender. My wife spoke to a gentleman named Julian and after listening to our needs and situation he suggested th...
Jay Blumhorst
Purchasing Existing STR That Needs Repairs
Hoping for input from experienced STR investors.. I'm closing on a property soon that is currently used as a STR. It needs many repairs and improvements to be up to the standard that I'd prefer. (Carpet, paint, furnit...
Matt Hubbard
Business to finance the purchase of a building. Am I crazy?
A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
Mike Lynch
Help with understanding purchasing homes
Some of the Real Estate YouTube channels are telling everyone that if you have $300,000 and you owe $300,000 on your home, do not pay it off...... Use that money and put down $50,000 each and buy 6 more homes........ ...
Account Closed
Lakefront rental cabins
I found an opportunity to buy a pretty good sized lot on the corner of a river and a very popular eventful lake here in MI. There are currently 11 cabins, 24 spaces for camping and some permanent Mobil homes on site. ...