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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
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Earlier this summer I made an offer on a property in Surprise Az and have been waiting on lender's approval. My agent emailed me this weekend telling me the house is scheduled for trustee sale on Friday and he has a f...
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Hey Everyone, I’ve been reading a lot and I am interested in building passive income. I have a potential business partner who will go 50/50 on our first deal so we can get our feet wet in this business. What should I ...
Hello BP Community!
I closed on my first flip property yesterday and had a full inspection done on the property today. I had the inspector do a walk-through with me prior to purchasing so I pretty much knew already w...
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Dear BP members:
I really need to hear some advice.
Long story short:
-we are full time high income earners with W2 (also pursuing a start-up in biotech on the side) moved from Bay Area to SD (Cali)
-invested in ...
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Hello all, New to posting here but I am very interested in investing around the Cleveland, OH area and would love to hear some pros and cons of this market. My home state prices are high currently so I am looking at l...
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I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...
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Hi, my husband and I are going to invest in STR vacation property either in Palm Springs or Big Bear. We’d like to network with other people already doing it to learn from and with people just starting out like us to ...
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I am a designer and a realtor in Santa Barbara, CA. I want to flip properties in Santa Barbara and Goleta. However, I have no money, and have never flipped a property. Discounted/low-cost housing in Goleta goes for ab...
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I keep reading these posts where people recommend that one requests RE agents to offer a commission discount..How much would you recommend would be reasonable without insulting an agent? From a newbie's perspective, w...