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Hello everyone, I'm calculating that total dollar figure needed to execute a "Fix and Flip" project, and was wondering if some of the property purchasing costs such as, Title insurance, Land Transfer fee, etc. Could b...
I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim
Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...
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I recently heard that Los Angeles has a 6 occupant rule for single family houses in Los Angeles. I recently saw a 10 bedroom house that would be perfect for me to rent to students but if it is a 6 person max it kills ...
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Hi. New to this forum but experienced in STR’s. Just curious because I’m conflicted and I go back and forth on this often: Do you prefer to charge a flat base price per night and not mess with guest count or keep base...
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Hello, My name is Tyler Mutch. I am a buy and hold investor in the Milwaukee, Wisconsin area. I am currently looking into doing a house hack for my first real estate deal. I was wondering how that changed the numbers ...
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New and trying to find which lane to pursue. I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calcula...
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I received a work order from the PM company regarding an electric coil burner on a stove that blew up. It burned a hole through the tenants frying pan and burned the tenants face and neck. Pictures of injuries were pr...
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Hi BP World!
I am looking into a mobile home park in Colorado. I was wondering if anyone with experience in mobile home parks located in Colorado could guide me on a few numbers. I want to breakdown the acquisition ...
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Good morning BP, In the early stages of putting together a formal partnership for a buy and hold purchase. I am looking for some opinions on structuring the deal. We have both agreed that everything will be 50/50 in t...
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As a forensic accountant and fraud examiner, I have dealt with numerous cases in which a land owner and general contractor face disputes with one another 1. Over the amounts of materials actually purchased and used fo...