I'm trying to figure out the IRS 1099C from a lenders point of view. If and when it should be sent, or if it should be sent at all. How would the total be figured out. Difference between taking the property back as RE...
After months of hard work we finally closed on an 84 unit value add apartment building in Lexington, KY. My company raised $960,000 in order to close on the property and will begin a large renovation in order to be ab...
Hey BP Fam,I am starting a direct mailing campaign for 4-plexes in my area in order to increase the inventory of properties I am seeing as I seek my next investment property.Therefore, can you help me understand how c...
I have a multi family unit and i asked for cash buyers. Well someone said they have a 1031 and can send proof of funds. What is a 1031? Can I still get paid cash? How does this transaction work? Anyone can shed light ...
What is considered a good net profit when you sell a property? I know that it can depend on many factors like how much you invest from a dollar perspective, percentage perspective, and time. If you purchase for $1M a...
I’m a 25 y/o Dentist in Canada, thinking of specialising in the US (2 year program) and live in the US afterwards.Any fellow Canadians here that can give me a general idea with tax/setting up corp and all for US RE jo...
Looking to connect with someone who has had experience renting to Section 8 tenants and dealing with the housing authority in the Sacramento area. Thank you
I’m a newbie Real Estate Investor so please be gentle. ;)Here’s the situation on what I’m calling Half Built House.A residential project manager decided to build a new spec house on a parcel which already had his curr...
Hello,
new member here, I found the site through the podcast. I moved to this little college community last year. I am a home owner in Tulsa, OK. I bought a cheap little first house in 2005 for 54k. Gutte...
Is your W2 job causing you to burn out? You have dreams of achieving financial independence and retiring early, but the unrelenting demands of your nine-to-five job are causing you to work around the clock and miss pr...