Heyward Lovett
Building your portfolio w/out experience in the industry.
1. Total gut renovation project-Brooklyn, NY 2. Investment opportunity-West Palm BeachI've spoken w/countless investors about investing in my deals and running into the same issue. What's your experience? How do I saf...
Jason Munck
ARV and Repair estimates when wholesaling
Hi BP! I have never done a wholesale deal and would love to know what the community thinks about a question I have.
When wholesaling a property I know that I should be estimating repair costs and ARV to determine ho...
Laura C.
Rental Property Analysis--Is this right?
I just completed a "Four square rental property analysis" for a fourplex in my area, and according to my calculations it has a negative cash flow. Am I missing something, or is this property just that "bad" of a deal?...
Jake Engle
Subdivision education and/or classes
I am looking to get involved in sub dividing larger parcels of land into building lots. I have been educating myself with local ordinances in regards to zoning and subdivision, but know I need to be very careful and f...
Ben Dunn
Accessory dwelling unit enforcement - Denver
I am looking to buy a property with an accessory dwelling unit but was informed by the zoning department that either the primary house or accessory unit would need to be occupied by the owner. This situation would be ...
Kerrick Long
My first potential deal: The numbers look good & feel bad. Help?
I've never done any real estate investing before, and I'm considering a BRRRR owner-occupied quadruplex. I've run the numbers and they look good, but I don't know that I've done them right. The acquisition price of th...
Scott Davis
Phone jacks or not?
I am flipping a 2500 sq tf split level house in a middle income neighborhood with an anticipated price of 270,000 when complete. Should I keep existing landline phone jacks located throughout the house? Some are inc...
Tamara R.
How hard is it for commercial lending for hotel during covid
I am looking to secure a loan for a hotel but think I may have some problems getting financing. I know there is a way. Any suggestions?Background- we are just about to finish our Brrr on our 3rd property of two doors ...
Todd Willhoite
Short sale and income tax consequences to seller
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...