John Jackson
Newbie pursuing a distressed property
Ok, I can see I am in a certain category which may be a nuisance. Please accept my apology for that.I'm another person who's looking to create a solution - for buying a house I want to make the home for me and my fam...
Bryan Balducki
Single family converted to duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $415,000
Cash invested: $9,000
Single family converted to duplex, airbnb with 2 kitchens
What made ...
Loc R.
Potential Deal, Input Please
Deal 1:
I've got a motivated seller of a 4-plex. With a cash offer of $150,000, the cap rate is going to be 15.2%.
Now, I've got an investor lined up who will fund 70% the deal (I'm putting up 30%) at 7.5% (20 ye...
Matthew Fearneley
First deal as a partnership
Hi BP community,I’m having trouble structuring a deal between my partner and I. I do not have a lot of taxable income as I’m self employed right now and don’t have 2 years of work. However, my partner has that but is ...
Randy Choi
Asset Protection for California resident - mix of CA & Non-CA RE
Hello, I am new to the group. I was doing some due diligence with best practices for asset protection on LTR. Our situation is a little complicated since the owner is a CA resident with a mix of CA and NV rental inc...
Robert Mendenhall
Older area home issues
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
Eli M.
Property's key points professional inspection
Dear BP family,
I really hope all of you are safe and healthy. Is there a way to professionally inspect a property and to know for sure whether there's structural damage and/or a leak in the basement, or dampness in ...
Jade Robertson
Buy and Hold Joint Venture
Hi, first time posting to BP. I have 2 duplexes that I have had since 2012 and 2017 just owned by myself. I would like to acquire more with the help of investors, and have investors also join in my current properties ...
Dallas Easter
50-50 partnership with a contractor in a fix and flip?
Hey guys, looking for advice on how to structure a partnership with a contractor for some fix and flips. If anyone has experience with this I would really appreciate your feedback.I have a good relationship with a con...
Matt Davis
CPA Question: Separate Management and Real Estate LLCs
I am a partner in a three-member LLC that holds a multifamily in Lowell Massachusetts.
Currently, I am providing property management services for the building. The other members are not involved in property manageme...