Kate Barry
Keeping the faith after multiple rejections...
Hey BPI'm looking for advice, encouragement, anecdotes, anything really that can help me find the spirit to keep at this.We have had two seriously fantastic deals slip out of our hands at the last minute. I know, onl...
Jeff Greenberg
Breaking into the Houston MF Market
My business partner and I recently syndicated, and closed on a 62 unit multi-family property in Houston, Texas. I am writing this for the benefit of those interested in venturing into the commercial arena.
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Candi Kham
Seeking Advice on Tax Strategies and Pr
Hi everyone,
I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization. Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to...
Natalie Schanne
Pitfalls? Avoiding Transfer Tax -Flipping WITH the original owner
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Matt John
Rehab costs - add to basis or take loss that year?
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
Benjamin DuPont
Seller Backed out. Do I just eat the inspections loss?
Hey Forums,I've been amped up. I'm power-housing knowledge, analyzing deals, making strong connections to people who get things done and I've done it all while deployed with the military for the last 7 months. I tho...
Dirk Richmond
Looking for cash out refinancing - 50%+ equity after loan.
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
Joe A.
I bought a foreclosure! Or did I?
Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
Marco G.
I'm a bonehead(?): I agreed to PM suggested large rent increase
I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
Bill & Sheila Easley
New from Smoky Mountains - Important Question
Hello,
New from Smoky Mountains... I have an important quesitons for those who might know:
If you write a real estate contract on a property which is accepted by all parties, fully executed, then it "falls through" ...