Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $6,250,000
Cash invested: $1,750,000
This is 66-unit multifamily syndication. My first of what is hopefully m...
Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Hello BP,I am looking for ways to gain experience in the short term rental management world. I do not have any prior concrete experience with that but understand a lot of the software that helps make short term rental...
My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
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Hi All - I recently bought 2 investment properties in Long Island and wanted to know when I needed to report them on my tax return? I am unsure if the props would be rentals or flips, as of now I am feeling out the ma...
Hello BP community! My name is Jason and i'm really excited to finally take the leap and start my Real Estate investing journey! I have found so much knowledge and information on this site and in these forums! I am lo...
Hey BP!! I have a real concern that hopefully you all can help me with. What are the requirements to start a property management company in the State of Florida?? I was told by several people that I needed a Broker's ...
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...