Hi BP community,
New investor looking for some help creatively structuring a partnership. I'm looking at making a purchase with a long time friend. We'd each contribute equal capital into the partnership, but our com...
I don't know where to begin in assessing whether these fees are reasonable. So why not start with BP. I've applied for a 203K loan for our next residence in CA, and the following is what I got back in fees...This as...
So here’s my situation. I’m 2 years out of school. last year I made 52k and this year I’m on pace to make about 70k. I’m in a field where Income can fluctuate month to month but I am pretty good at saving in advance. ...
I literally just found this site two days ago. I moved to a city for a job and bought my first house with my wife. Within 6 months, we were forced to move because of my job. Not being able to sell without taking a hug...
Hi I am a young entrepreneur that is finally taking the jump into real estate investing to be able to do something I love and to get out of the rat race. My goal is to be able to quit my 9-5 in the next 8 months and b...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Cash invested: $75,000
1st Fix and flip property. Unfortunately went through a divorce as soon as I purchas...
Hi everyone,I found PLR 200745011 which similarly represents my family's situation with some key differences. I want to request a private letter ruling from the IRS on my particular situation but need the ruling reaso...
For members who have done their first deal, whether a flip or a rental, in the past couple years: what were some of the biggest unforeseen challenges you faced? What were the biggest lessons you learned that you will ...
From all-time real estate highs to a significant regression and fears of a recession, what a wild year 2022 has been. The market has certainly changed the past six months. In my latest Dax’s Data (reach out for blog l...
Hello, BP families,I do have a multi-member LLC for RE investment properties. Now that I am starting a REALTOR business, can I use the LLC for my realtor business?