Mark Grozen-Smith
Property Value Breakdown - Land v Building
Hey BiggerPocketsers (ya we really need a term for this community 😂)My teammates in insurance/accounting and my CPA are frequently asking me how much each property in our portfolio is worth with a breakdown of land vs...
Christie O'Malley
Ordinary vs Capital Gains: Calling all Real Estate accountants
Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
Christopher Leong E
Is Cash Flow really King?
I'm looking to buy my first investment property. I found some rentals in Alberta and Sask., but the appreciation in these markets are close to zero.Provided they are cash flowing, are places like this still favourable...
Christa Parsons
Waterfront STR on private lake; Is a boat important?
Hello, I am closing soon on my first STR. It's on a private, all sports lake in northern MI. We have negotiated the sellers boat in the deal if we want it. The home is valued at $175,000, purchase price was $153,500, ...
Teresa Thomas
CPA question for taxes
My husband and I are just starting out in real estate investing, we have done a ton of reading and listening to this podcast. We recently spoke with a CPA who said she has 24 years experience, but doesn’t specialize i...
Susan Kim-Laubach
New to investing and would love guidance on forming a team
Hello, I am new to investing and from No California. We have a property in Olive Branch MS that we purchased 12 yrs ago and after many years of poor renters and property management, we are selling... (our 3rd close on...
Jonathan M.
Buying an apartment complex tips
Hello BP!
Hello everyone, in the coming months I want to be prepared to bounce on apartment complex deals due to covid-19. I am looking for a lot of advice for after I purchase the asset and how to effectively run th...
Bobby Shell
Multifamily Investing on the Blockchain - has anyone started?
There are providers who allow real estate investing on the blockchain where 50k is not the minimum. you do have to be accredited. I am actually in the process of getting approved. Has anyone else started investing wit...
Cody Barna
New Investor needs help - Mobile Home Deal
Hi guys I’m brand new to investing and I’ve been activity looking for deals. I came across this off market mobile home for sale and I really would like your feedback whether or not this is a deal I should move forwar...
Chavdar Kehayov
Need help structuring creative 4plex deal
Hi,
I need help structuring a deal. I found a 4plex with a flexible owner.
Asking price $450k
NOI: $4100 per month
Taxes: $5000
Insurance: $3000
Sewage: $1300
Water: $1000
Owner pays the gas for the whole building...