Joe Lijoi
Tax treatment of LLC with no income but expenses
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
Horace Mann
Costs to build 5 duplexes
I have an opportunity to purchase land currently zoned and approved for 5 duplexes (or 8 SF). It is 3 miles from a university and I am thinking of building student rentals, (doing the 5 duplex option). My commercial...
Ramiro Morales Jr
Hospital to Apartment Complex?
I am sorry that this is more of a query but I am just here thinking & this idea pops in my head while watching Night Shift. I thought...could you convert a hospital into an apartment complex. I went to google &...
Ibrahim Hughes
Opinion on Realeflow/Other 'Project Mgmt'/CRM Software Programs?
Anyone use realeflow to run their REI business? I'm mainly interested in the crm and task management apps. Any thoughts on this or another program (I'm already familiar with Zoho). Thanks in advance.
Jimmy Klein
Converting a corporating housing building to apartment?
Ok so here is the deal. We are potentially looking at purchasing a corporate housing project that has 40 units. The project was built in 2010 and is pretty much classified as Class A (stainless steel appliances, wo...
Alan Ford
How to diversify when comfortable ...
Hi all, so two years ago I bought my first STR in the Smokies (PF area), the next year I bought another. I am about to start construction on my largest investment yet, in the same area. A few questions:1. I am relativ...
Doc Godfrey
Contractor bill dispute
I hired a handyman/contractor to fix some drywall for me in a master bath that I am fixing up as a rental. We had a fixed price of $1,300 for this portion of the work. While he was doing the drywall repairs, he said h...
Account Closed
Success in finding finance sources
In the process of financing an apartment complex it has been necessary to scour my local area banks, credit unions and other sources.
What I found in my neighborhood was many banks that are not lending for real estat...
Robert Starnes
Can you Invest with a Hard Money Lender
Hello All,
Has anyone invested with a Hard Money Lender? Is it possible to do so? Or is this sort of investing only limited to accredited Investors?
Is it possible to invest and also pick what projects you would lik...
Tim Combes
NE OKC Renaissance Project - Time for you to Invest?
I've been watching this area for years and am happy to say there are finally changes being made to improve the area for the residents that live there. Everything in that area has been in such bad shape for such a long...