John Acklen
Financing Options for high downpayment/low income
Hi all! My wife and I are moving from California back home to the Midwest where I'm from. I've been wanting to start investing in multi-unit properties for a while, but it's been too expensive for us to get started ou...
Christian Wathne
Help finding bank to complete last half of my BRRRR
Hi Everyone, I'm nearly complete with my full rehab of a SFH I purchased for $215,500, put approx $60,000 into for rehab and holding costs, and has an ARV around $330,000. Hard money loan for $200,000, the rest of the...
Christina Colon
Rehab using credit cards
Recently I completed an entire rehab on our long term rental and converted into a short term rental. I'm 2 months into running my short term rental and we have been breaking even (thankfully). The dilemma:We used some...
Shea Spinelli
LLC signature on contract
Good news! We have a contract about to go into force. I've never signed as the LLC, it's new to me. I forgot to ask my lawyer if I sign my personal name or the business name on the Commercial Contract - Improved Prope...
Vikram C.
Major Tax Deductions
I'd like this thread to be a place where we compile a list of the major tax deductions available to a real estate investor. Since I do flips, I do not get the benefit of depreciation, but here are a couple of good on...
Tanya Patience
Strategy question: Depreciate or Expense?
Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...
Eric Davis
Funding Question
Commercial properties really interest me since the funding is more based on the deal itself. Now obviously cash is going to still be needed but I really like the prospect of going "deal hunting".
A friend and myse...
Steve Mizer
New Member from Cleveland, OH
Hi Everybody!
I'm Steve Mizer from Cleveland, OH and I just recently joined BP. The content of this site is amazing! I have already read the Ultimate Beginner's Guide and I'm loving the podcasts.
My w...
Jennifer L.
How to get into commercial real estate - invest or storage units
Hi,I dabbled in real estate years ago (2004ish) by buying a 4 plex, renting it for a couple of years, fixed it up and sold it for a really great profit of ~$100k. From there I did a joint venture with and built a hou...
Justin Pumpr
Owner-occupied Duplex Landlord
Hi all,I'm about to close on my first ever property which is a duplex unit that I intend to live in half of and rent the other half of. What are some best practices/tips for landlords living in the same building as th...