Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
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I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...
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This Birmingham, Alabama property was put into service in September of 2014 and was the successful beta test to prove the concept of remote out-of-state investing. I acquired the property from a marketer that makes co...
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Not sure how to proceed —2 adult tenants. No children . newly moved in and tested for lead on peeling paint on side of painted bathtub. Positive. From what I’ve read, I am required to remediate this if a child under 6...
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Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
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I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...
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You end up putting as much time as you would towards a flip, and instead of making 50k you cash flow a few hundred bucks (that's wiped out after one roof replacement) for "infinite returns" When you could've spent the...
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I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
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AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
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I don't know everything about bitcoin or crypto currencies but I have been keeping an eye on it over that last few years. I was first informed about bitcoin in 2013 when it hit 1000$ a coin I did a lot of studying fig...