Michael McCorkle
Help me analyze this deal? What am I missing?
I would like help analyzing a deal that looks good to me. Even though I am not able to move forward on it at this time I am trying to hone my analysis skills for when I can. Please give me your thoughts.1. Three tripl...
Daniel Weisfield
Three Pillar Communities: 2021 Year In Review
Dear friends.
I just wrote this letter to our investors, and then I decided to share it more broadly.
Where our business stands now, in December 2021, is unfathomable relative to where we were in 2020. In March ...
Chris McHaney
EIDL Use of Funds and Real Need?
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
David Weis
Need help please pricing multi use property
The building is in the 33603 zip code in Tampa. It is 2 stories. The second story has twelve 625 square feet apartments. The rent would be $800 a month for each apartment. The first story has four 1,875 square feet re...
Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Danzel Williams
Seeking Commercial Real Estate Opportunities
I am a current college student who will graduate this May with a business management degree. My goal that I would ultimately like to achieve is to become a commercial real estate multi-family investor. I would like to...
Tyler Speelman
Repair Escrow Rules. How can I use this money?
Hello,
Seller has offered to fund repair escrow after closing. They have paperwork entitled "Escrow Agreement for Postponed Improvements" to guarantee they will return money after closing that I can have for reserv...
Thomas Stackpole
Structuring Buy N Hold using Investors
Hello BP, During the process of renovating a million dollar property on my own, I've lost a few opportunities while my finances were tied up.I'm looking for advice on structuring agreements for buy n hold using invest...
James Cannon
Rent to Own or Not Rent to Own that is the Question
Hi Everyone, my wife and several friend s of ours have started athe process of a new assisted living facility in the Twin Cities area. We are looking for a four bedroom house that is handicap accessible and one of our...
Michael Kistner
Buy and hold repairs
Hey BP Forum! When you purchase a buy and hold property do you believe in making only necessary repairs or do you go in and gut the place even if it doesn’t help your ROI? I’ve been going back and forth on thi...