Adam Johnson
Mobile home park turnaround - I'm stumped
Experienced investor here. Bought a park 6 years ago, distressed property, about 2 hours from my office. High vacancy, poor condition, poor management. I started off great the first couple of years. Was staying ne...
Max T.
Paint Sprayer - Purchase and Use questions/tips
I'm closing on my next project in a week. A small 2-bed/1 bath ~850 sq ft house we are gutting to the studs. I will be subbing out most of the work but also putting in ~2 months of my own labor. While I have done my f...
Tom C.
HELP - 10 Unit REO Apartment Complex
Drafted an offer on a REO apartment complex in Texas (Houston Area). Only problem is the bank has only owned the property for about 2 months and has a PM running it. Currently it has 3 vacancies, with one lease si...
Pathik P.
New to 5+ unit MFH, would love advice and tips!
Hello BP community!My name is Pathik Parikh. I'm brand new to the Real Estate Investing world, along with 2 other members (my younger brother and brother in law), through an LLC based out of NJ. Like many of you, our ...
Sam Haack
Real Estate Professional Status vs Real Estate as a Business
Hi, so I am trying to figure out the answer to this question: how does investing in real estate with a "real estate professional" status compare to investing as investing with an entity and having a business (LLC) beh...
Jack B.
Tired of shopping for apartment complexes
Almost every person I deal with wants to only provide proforma numbers of their best case scenario with no capex or vacancy built in. I ask for schedule E and they claim the have only owned the property for 2 years. O...
Georgui Kasaev
Partnering up on a flip with two other investors. Best practices?
We found this little gem through networking. A single family house built in 1970, 4/3, 1671sf. It's all brick in a quiet neighborhood. HVAC has been updated, the roof is older but still has many years of life. with a ...
Alex Terraciano
Starting An LLC for a Property
Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Jason Malabute
multi family exit cap rates
It is becoming more popular to underwrite deal and calculate the terminal cap rate by taking the current market cap rate and add .1% for every year it is held to make deals work. For example, if the market cap is 5.5%...
Justin A Edmonds
CPA's: 1 LLC, Multiple, or DBA's under 1 LLC?
I plan on breaking into the real estate industry with rental properties. I hope to acquire multiple properties. Doing so, I'd like to know what is the best way to go about registering these properties. Should I: ...