We're in the process of learning everything we need to know before starting to invest but I feel i'm missing something here with the numbers game. I'm looking for lasting, generational wealth by building a portfolio. ...
Hello, BP Community!Okay- Here’s what I’ve got...Let’s say, for arguments sake, you’ve got 5 LLCs all holding SFHs. AL LLC 1AL LLC 2IN LLC 3IN LLC 4IN LLC 5Now let’s say you’ve got a WY LLC Holding Company, parent/pri...
I’m trying to figure out how much I can raise the rent with out making the tenant run way.
What will the demand of petroleum fueled cars be in 10 years? Will it only be for a lower class because of affordability or will there be a market for compact affordable electric cars.Which begs this question...Would ...
Well, I have been working on getting an 11 unit multifamily under contract for last few weeks. Happy to say that officially today I had my offer accepted and now moving towards closing. That being said I have lots o...
I would love for someone to direct me to a resource (or answer my question directly here) to find out if I am within my legal parameters to add late fees if tenants do not pay rent on time. Quick background: My mom an...
Will sell with a profit of $200K under wife and husband names.
1) $200K at about $3k tax.. not too bad... shall better to do 1031 or just pay tax?
2) How much is the fee for doing 1031? $1000?
3) The sold p...
I Purchased an 8-Unit Apartment Building 3 Miles Outside Of Downtown Greenville, SC Back In January..... Here is a log that i am keeping, this was a D property in a C+ area. Successfully taken rents from $503 to $725 ...
Hi,I tried searching the forums but couldn't find the answer so sorry in advance if this is a commonly asked question.My wife and I each have jobs with high W2 income. We live in a community property state, file taxe...
My partner and I found a owner who is willing to sell 3 properties from their portfolio (4 doors) for a total of 94k. The properties are stabilized and leased with long term tenants. All the numbers look great on the...