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Hi,I'm relatively new to investing, but have completed deals with hard money financing thus far. However, I am currently trying to piece together a deal with an ARV of 370K (My number) in Atlanta (East Lake Area), but...
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This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
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Group I have an LLC with an EIN from good ole Uncle Sam. I am looking to get a business bank account so i can start to separate my personnel and business $. I live in PA. Should i get a business bank account in PA...
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I invest C+ to B neighborhoods in the Indianapolis (including Bloomington and Terre Haute) and Kansas City (including the suburbs). If we are doing a value add and assume that occupancy won't stabilize until the 3rd y...
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Think you have what it takes to be a great real estate investor? Of course you’re a hard worker—that’s a given. You’ve put in countless hours building a firm knowledge of the foundational principles of real estate, an...
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It's all over the news, real estate prices are jumping up. All the residents of New York City are escaping and moving to New Jersey. Homes are selling fast. So recently and often, my friends say to me, "you must be su...
Hi all,I wanted to pick the community's collective brain on investing in an IRA and get people's experiences on it.1. Can I invest in a self directed Roth IRA or does it have to be traditional? The goal is to use post...
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I am under contract for a 20 Unit office building that needs major rehab. I'm debating between Central HVAC systems (separately gas metered) and electric Mini Split Air Conditioning Units. I have the budget to install...
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Hi, Quick question on investing in motels. Does cost segregation and double depreciation apply to motel investing as well? I know for multifamily a general rule of thumb is roughly 35% of the purchase price can be dep...
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Does anyone have suggestions on claiming rehab work done by property owners themselves as capital improvement expense? We are remodeling the kitchen/ bathroom/roof of a property purchased ourselves, but are not sure...