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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $162,500
Cash invested: $110,000
Sale price: $368,500
This was a rather ambitious project.
This single family h...
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Hello Everyone!I have a life long friend that is building a 54 unit apartment complex and is offering preferred shares. Myself and some of his family want to invest but we are not accredited investors. I have heard th...
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My wife and I are closing on an owner occupied duplex later this month - tenant is already in unit B. The home is in great shape, but bathroom and kitchen are outdated. We want to maximize deductions and are looking f...
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Hey guys! I found a property that is tax delinquent $35,122 (including interest, 5 years unpaid tax and absentee owner).
What is the best approach for this type of distressed property? Thanks for your recommendations!
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I'll start it out. I own 2 single family homes
A 813 sf rents $1,250 per month
A 1413 sf rents $1,180 per month
How about you?
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Hey everyone, my name is Andrew. I am looking to speak with someone that has a big section 8 portfolio. What I would like to accomplish is to invest out of state and rent a section 8 due to the guaranteed income in th...
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Has anyone ever put their end buyer on the contract as co-buyer and then done a quit claim deed after the transaction to remove themselves? It would save on transactional funding fees and one side of closing costs......
Hi all, I've been conducting my research for a while and read a few posts on BP suggesting that the 50% rule (of thumb) may not apply to all areas of Massachusetts. I'd like to get a bit more specific: For a $400K-$50...
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I understand creating an entity (LLC, etc.) for a flipping business to protect your personal assets from potential issues that arise on a property flip.
But my understanding is that if someone gets a judgment...
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Hello
My stepfather has interest in investing in an apartment building I'm purchasing via a second mortgage for a portion of the down payment for a fixed return. We determined that a self directed IRA was the best veh...