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Hey all. I recently closed on a deal that went into contract in september. I closed in January and we did some rehab work and we should be doing the final work within the next week or so. Purchase price was 29900 plus...
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I'm in the process of acquiring a 100 space park, the park has 60% occupancy. Purely based on the park income, the NOI @7.5 cap show a valuation of $1.0M, because of the land, POH and pads for expansion I offered $1....
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I know, my bad...searched job ads online for a real estate apprentice and came across an ad that made it sound like an actual apprentice program. Dove into BiggerPockets and Googled Renatus and read lots of reviews. ...
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I want to reduce my taxable income as much as possible. (Selling stocks and want to avoid long-term capital gains.)Maxing out the 401k is $18,500, standard deduction is $24,000. My question is, what does the bank look...
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Here's my situation. Last year I purchased a distressed property and spent the past year fixing it up. I was going to try and sell the home so I can purchase 2 homes that I'm looking at. I'm also engaged and getting m...
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I have a partner in an LLC that owns my property. The mortgage note is in my nameWhat are the implications of refinancing the property in the partners name? Is that same as sale? What are the tax implications? And h...
I'll keep in brief. What is the general philosophy regarding paying off an investment property?I'd really like to hear the opposing sides. More equity means lower payment and higher monthly cashflow...my beer math tel...
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Hi guys, what would you do in my shoes?
So my former business partner "accidentally" wrote 2 checks from the corporate account of my other brokerage business where he is not an authorized signer. The checkbook is new...
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I am sitting on $1million in equity in six rental properties I own free and clear. I have high income and generate $150k in excess earnings per year which I used over the last few years to build my investment portfol...
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Hello BP members,I'm a fairly new investor.I have one sfh.I bought cash here in Hudson valley NY.I rehabbed myself and am now renting it out,tenants are on their second year lease,things are fairly well,very good cash...