Ryan Smeltzer
Just beginning my REI journey - exploring my strategies
Hey everyone, I'm new to the community as I just joined a few days ago..... I have been reading many of the forums in here, listening to the podcasts, and have read several real estate related books over the past seve...
John D.
Buy now, 1031 in later
Short version: I have a few properties for sale, likely to sell in the next 2-3 months, whose proceeds I would like to 1031 exchange into a new much larger property. Unfortunately the property I would like to purcha...
Linda Ford
Changing LLC Tax Status to C-corp
Hi,I formed my LLC in February 2018 and will be filing taxes for the first time in January. I have been doing some research on changing my tax status to a C-corp and want to know if that would be ideal for me, conside...
Richard Snyder
Active versus Passive Realestate losses
I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
Raden Mantuano
Offer accepted for my first seller financed deal! Now what?
So a seller and I have come to an agreement on terms on a property and I literally had to raise funds from family to obtain the down payment. Now that I have the EMD down payment. I just realized there are closing cos...
Justin Ward
Anyone use the Syracuse Landlord Property Improvement Loan?
Yesterday while at a local REI group meet up, one of the guys was talking about finding The Syracuse Landlord Property Improvement Loan Program. (https://www.homehq.org/renovating-rental-property) He hadn't used it be...
Doug Strehlow
Seller Financing 16 unit apartment
I am looking at purchasing a 16 unit apartment by seller financing that I have initiated. General term would be o% financing for 3 years through seller then take out mortgage on property to pay off seller. Incentive f...
Leah Bonner
Is this a worthy deal?
Hey BPgot a call of a bandit sign, He is very motivated because he is moving out, this would be our first deal. we went to look at the house its really not in that bad of shape, needs a new roof and a couple cosmetic...
Bryan Blancke
How to send offers?
Hey all, I recently started with some direct mail for unimproved raw land. I have some customers who want me to look at their property. I am not totally confident in all of my due diligence as I am new to this, but I ...
Rob Jones
Is this a good deal??
Hello fellow BP'ers---
I'm in the process of looking over a deal in my home town of Greenville, NC. It is a town home, 3 bed and 2.5 bath. Tax value of the property is almost $95k(if that really means anything). T...