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Newbie contemplating RE market. I have 20+ years of experience in business but the concept of positive cash flow has always tricky to ME. Devil's Advocate: If I put 20% of my money down, I struggle with the concept...
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I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
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Hello everyone. I am getting back into RE investing and took the first big steps at the end of 2016. I’m curious about my tax strategy for the 2016 tax return in progress and also interested in a referral to a very ...
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Hi, I am re-introducing myself as I have not been active on the BP site although I am an active listener to the podcast. So, this is my second beginning. I joined a bit over a year ago or so and I recently took anot...
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Hello BP community!! Im a new real estate investor in New Jersey that's really starting to Love the idea of real estate and the different avenues that real estate entails. In specific I've become keen on the idea of l...
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Hey!I have a duplex in Gig Harbor and I'd like to do a condo conversion with it. Or a Townhouse. My main question is whether anyone knows an attorney in Washington who has done this in the past who they'd recommend? I...
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An architect told me that their architectural services for building a 1000 sq ft 2 story ADU in Los Angeles would be $40K-45K. Does that seem reasonable?My lot is flat and 'unremarkable', btw. I am not looking for fan...
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Please share your experience running a vacation rental in the Yosemite Area. I am looking into towns such as Sonora and Mariposa because they are the closest towns right before the park from my location. I read disc...
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Hello BP,
New to the forum - here is a go at my first post. I have had a long-term rental (10 yrs).
I thought I was doing pretty well. That is, until I started reading posts in the BP forums. It has had a good ru...
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Currently in the process of purchasing a residential REO in NJ, but intend on buying property in Florida over the next several months, as well. The plan is to form an LLC, and as we are doing business in both states ...