George Smith
Quality of contractors estimate
I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a con...
Julio Gonzalez
Cost Segregation Study on Apartment Complex
$768,099 tax savings in the first year
If a Cost Segregation Study had not been performed on this $2.4 Million Apartment Complex located in Denver, Colorado, would have had first year depreciation of approximate...
Sean Beyrouthy
Private Money Lending & Repayment
Hey everyone! Some partners and I are closing in on our next deal using private money lending. I have a good foundation on how private money works, but was curious how the legality of works. Do we need a lawyer to rev...
David Alvarez
Regarding PMI for FHA Loan's & Arizona
Hi there,I'm looking for a way to get rid of PMI (private mortage insurance) Just to give you the details. I purchased the home for 94,000 with a FHA loan putting a 3.5 percent down payment of $4000.00. That made the ...
Dennis Morris
Master lease option
I have an owner wanting to do Master lease option on a 4 plex. As anyone have any advice on how to approach this deal?
Lucas Machado
Service For National Detailed Comps Searching
Hello BP Community,I'm looking for a recommendation for as to service that will allow me to look up comps with high level of detail and updated accuracy for across the US.In my Florida market, I use "IMAPP" which lets...
Samuel Eastling
Downtown Frisco, TX Deal-Looking for Developer to Make Quick Decision
Hello!I help a build+design company that works with churches across the U.S. I have a church near downtown Frisco, TX that has 3-7 acres that they would part with if the terms made sense. The church is currently wor...
Peter W.
DSCR=1 Class A Property
My real estate agent brought me a deal from another investor. Purchase price is probably 5-10% below market value. A+ area which has appreciated 1-2% percent more than surrounding areas over the past 5 years. Only iss...
Shannon Tidwell-Porth
South Caroline Transactional and Short Term Funding
Hi BP friends, looking for transactional and short term funding in South Carolina. Have several properties that we need some funding help with. Also two homes (in Lexington and in Irmo) that we need to have moved to a...
Pandu Chimata
Flip turns into long term rental
Hello Tax team, Here is the scenario and I want to understand how the cost elements needs to be treated from taxing aspect?I purchased a property to flip in 2022. The property was ready for a sale in 2023 but could no...