Allen S.
Cost-segregation and 1031 CPA opinions?
Hello everyone...I just sat down with a potential CPA to discuss my taxes and potential real estate issues. She told me that she had plenty of experience with real estate and that many of her other clients have inves...
Sam T.
Using FHA for "primary residence" and later renting it out?
I understand that FHA loans are only allowed to be used on a primary residence, so I'm wondering if there's anything illegal about getting a 3.5% down FHA loan and moving into the property, then eventually moving out ...
Ryan Dossey
Agent wanting to show a wholesale deal to a "client"
I have never ran into this. I got a call from an agent saying that he has a gentleman who wants to get in and see the house. He wants to know if we are working with an agent. I would assume this could potentially work...
David Paull
CPA/Tax attorney recommendations
Does anyone know a good real estate investment minded CPA/Tax attorney in the Minneapolis area? I know taxes can be done remotely but I'd really like to work with someone local. Thank you!
Dwight Rhodes
VA Loans and Investing
I'm looking to use my VA loan here in Austin, TX to buy a single family or multi (preferably). Does anyone here have any success stories? I won't have a down payment and I'm exempt from property taxes. Someone help me...
Alex Fenske
Bookkeeping when managing 3+ flips at a time?
For those who manage 3+ flips at a time, I'm curious what bookkeeping software you use and how you keep all the expenses properly matched to each property. I use QBO for my corp books and Stessa for my rental portfoli...
Henry M.
What Constitutes a Lowball Offer and Consequences
I am a real estate investor and a licensed realtor. Occasionally, I assist fellow investors in finding suitable properties.
I have two clients who are business partners who are interested in making lowball offers on ...
Blake Alexander
Expensive Multi-Fam w/ 10% Down
Hey BP!I have a client who is looking to buy a 4 unit multi-family with 10% down. The issue is prices in my area generally require 40%+ in order to cash-flow. There are also rent controlled tenants in many of these bu...
Christopher Duffy
asbestos wrapped boiler piping, covered in a protective jacket.
Hey all!I was hoping to get some feedback on a scenario on ran into with a client yesterday. The home had a boiler, all of the piping (asbestos) leading to the radiators was wrapped or jacketed in a protective jacket...
Masyn Grant Barney
Turnkey Rent Free Living
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $571,000
Cash invested: $28,550
I was the buyers agent helping my 2 clients get into a SFR that they house hack. It...