Preston Painter
Using the contractor you work for to build real estate?
Hi first time posting here. New to real estate investing but I’ve been learning for about a year now and have an LLC formed. I’m curious if anyone has any advice on my specific situation as I feel it’s very niche. M...
Account Closed
LLC with Scorp elect vs 2 LLCs for taxes and operation expenses
Question about a possible alternative to the LLC with scorp tax election.LLC with Scorp tax@Brandon Hall, @Steven Hamilton II:)I see 3 downsides to running with the LLC with scorp election.1 Separate tax return for ea...
Scott Pillar
Asbestos in short term/traditional rental in Oregon
I am a 3 weeks out from closing on a residential property with a full basement that I plan to convert to dual living or short term rental. The home is early '60s in construction and has 9x9 tile (looks like Armstrong)...
Kyle Chase
Duplex With New Multifamily Development Nearby
I am looking into buying a duplex in a strong rental market in a great location but there is a new multifamily development that is scheduled to start construction later this year on the property right behind the duple...
Manolo D.
SOCAL CONTRACTORS: CPA Recommendation
I am nearing my fiscal year, can anyone recommend a good CPA that does construction? A regular CPA will not cut to what I need. At a minimum, I need an FS, BS, WIP Schedule, and Percentage Complete Construction. It mi...
Michael Johnson
How do I price a lot that I want to wholesale?
I'm new to real estate investing and I have a 7,000 sq ft lot that a motivated seller wants to sell. However, I'm not sure how to go about figuring out what to offer him for the lot. I have looked on Zillow but I'm no...
Josh Gorokhovsky
First Hire - Who Should It Be and What Should They Do?
Hi BP Familia,If you're reading this, I hope your families are all healthy and staying sane! My company is getting to a deal flow point where I can no longer handle running the show myself. We are a fully integrated r...
Travis Dillard
Historic Mixed-Use Apartment Project
Investment Info:
Large multi-family (5+ units) buy & hold investment in The Dalles.
Purchase price: $1,800,000
Cash invested: $500,000
We purchased a historical 30,000 SF Building built in 1910. ...
Jared Ebert
Buying 2 Apartment Buildings at Once
This is all very tentative, but I may have the opportunity to buy 2 multi family properties in a solid B, borderline A class, side of town. One is a 7 unit which matches the area. The other is a 6 unit which I would ...
Jared Ebert
Financing and Renovating an Aging Apartment Building
This is more a question of the mechanics and timing of renovations mixed with how to finance.I may have the opportunity to purchase a 6 unit apartment building. The property is what I would call a C property in a B a...