Eric La Pratt
Chicago 203k FHA Contractors
Hey Chicagoland BP'ers!I am under contract for a 4 flat in the city and would like some recommendations on a FHA 203k approved contractor to bid on my project, slated to begin early January. Any recommendations?Thanks!
Garrett Brown
AirDNA's top 10 National Parks for STR Investors List has been released. Thoughts?
STR data expert AirDNA.co recently released their list of the top 10 National Parks to invest in for STRs. This list uses an average yield percentage formula to elect the winners. AirDNA states: “Average yield is calc...
Gene K.
To sell or not to sell when association holds a partial deed?
I need an advice as a Board member of the community. We have a property in our community that association holds a partial deed. The property is on association’s name right now. The property partially owned by a privat...
Parker T.
Tax Tradeoffs to RE in sheltered account
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
Account Closed
How would I find the ARV on a property with comps that haven't sold in the last year...
I absolutely LOVE BP... (Had to put that out there)I found this REO that needs a full rehab... I would like to flip it. The realtor that showed me the property only found two properties, one with less square footage t...
Sharad M.
Some questions to get started with flipping
Hello all,
I have some questions for experienced flip investors:
1) While calculating your ARV, is there a minimum number of solid comps you look for?
2) How far do you look for comps when calculating your ARV? 1/4,...
Gil Ben Dor
LLC established in CA
Hello Everyone,I have a question anyone know if you set your real estate investing business in California, and want to do investing in Akron, OH, what are the requirements as regard the LLC business i need to be aware...
Dawn Hall
UBTI on SDIRA
I opened an SDIRA last November and bought a foreclosure property in December. I had a few minor repairs made ~$1000. We put it for sale or rent on Craigslist and actually sold it for a $14k profit. It took us unti...
Eric Armstrong
WHo is responsible when Due on Sale is called?
Buyer purchases subject-to and bank calls sale. Is it the responsibility of the buyer to pay the balance of the mortgage or the seller? If the buyer can't pay, does it then become the sellers responsibility? Can the ...
Dan Miller
Advice on forming an LLC
I am about to form my first LLC for the wholesaling business I am about to start. I live in Washington, DC, and I'm sure I will be doing business in both Maryland and Virginia as a result, and maybe DC too, but certa...