Darren Maloney
Advice Needed -- Subdividing a Lot as an Investment
Level 2.5 acre lot for sale is surrounded by completed homes and has SFR residential zoning. Reading setbacks, frontages and minimum lot sizes would indicate that existing lots could be subdivided into multiple lots, ...
Amy Scarborough
Newbie in the Birmingham area
Hey everyone, I just joined BP yesterday. I'm from the Birmingham area. I'm just getting started & really interested in real estate investing, specifically starting out with a duplex, triplex or 4 plex, possibly f...
John Mainwaring
Rural co-living/small town co-working
So we have a glut of nice country homes, larger and well appointed, with big price tags. They have been seasoning for quite awhile on the MLS and I’ve recently been contemplating the thought of rural co-living. The ...
Dustin DuFault
Virtual Assistants & Quickbooks
Hello All! I need some advice from folks that have been working with a virtual assistant. I am in the process of selecting one to handle my accounting -- both for my real estate, which I currently have setup in Quickb...
Susan Butler
First time investor - using home equity financing options for a cash offer?
Hi,
I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental. Initially I was planning to use a mix of cash and stocks to fund this pur...
Misty Wood
1031 Exchange - Name change
Hello, I own a % of a family farm and would like to do a 1031 exchange with my proceeds once the farm has sold. When the property is sold, it will be done in the family name and the proceeds will be distributed to ea...
John Park
STR Tax Loophole in a partner LLC
Hi. My brother and I are 50/50 business partners in our real estate journey. We are closing on a couple properties that we tend to use for short term rentals in order to take advantage of the str tax loophole to offse...
Paul Amegatcher
A $12K wholesale deal 6 months in the making.
This deal started in July 2016 and required a lot of moving parts. Here is the back story on the property in question. The previous owner purchased the property for $132K in 2005. He had some financial problems dur...
Michael Kazalas
Fractional Real Estate Investing -- What say you?
Hey BP Community!I’ve been involved in real estate investing for a while but lately I’ve been bullish on fractional real estate investing. For those unfamiliar, it’s where multiple investors co-own a property, outsour...
Shalina Desancic
Best way of opening multiple business accounts
Hey Everyone,I am at the beginning of my REI journey. I currently have a Series LLC, I have it structured with the parent LLC not holding any properties only cash for acquisitions and each series has one property in i...