Melissa Kirk
Converting a 4 Suite Office Building into Commercial Condos
I'm considering purchasing a commercial office building that has 4 suites. My own business currently leases one of the spaces. I would like to then convert it into a commercial condo. I know I would need to establis...
Dan Buchta
Handling Unexpected Costs in a Partnership
Hi All,I'm pretty new to REI but I was wondering how most people who have done partnerships would handle a large unexpected cost in a rental property. Here is the example that I'm thinking about:I form a partnership w...
Vince May
Note payment amount doesn't match with what I calculated
Hi,I'm new to investing in notes and found a note on FCIexchange and was trying to understand why the payment amount differs from what I calculated the monthly payment should be using the PMT equation. Based on the or...
Daniel Cunningham
Wholesale
I'm looking for someone In Huntsville or Madison AL location who has experience with wholesale that wouldn't mind sharing some of the knowledge they have gained.
Andrew L.
50% Rule & Vacancy
When applying the 50% rule do you still take out vacancy or is vacancy already included in the 50% rule. If it is not then what is an appropriate vacancy to use? I've been using market vacancies.
George T.
Commercial real estate lawyer - NY
Hello BP Community!
I am looking for a great commercial real estate attorney licensed in NY that could handle self storage facility transactions (LOI, purchase and sale agreement - allocation of price, etc). Really l...
Nilofer Sickander
house hack rental 1031 exchange
Hello, newbie question here.. If we rented out our basement and lived in the main living area ourselves, can that house qualify for a 1031 exchange when we sell it
Jack B.
Will I owe capital gains tax if I move back and sell?
I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...
Milind Shastri
Creative ways of getting pieces of the pie
Hello BP!
I have noticed that there are massive constructions happening in McKinney and Frisco in the Texas DFW area. It seems like significant growth potentials have already been tapped into.
With an allocated ca...
Malinda Gibbons
Bank account setup seems too complicated
Hello. I have read some advice on this forum, but I'm still curious how you set up bank accounts in the most simplified way. Right now, based on some advice from the BP landlording book, we have a bank account for eac...