I have read this term, for example, "buy it 30% below market value" or something similar a lot on BP.My question to you all is, isn't market value relative to what people would sell it for anyway? So how do you know o...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Talked to my accountant today and he suggested I send 1099's. He said it is unclear what the repeal is all about. So, I went to the IRS to get forms and the lady at the counter said I am a trade or business and need t...
Hi,
I would like to get everyone's thoughts if you care to share them about what experience has taught you to include in your lease. I mean beyond the standard lease that I am sure is similar in most cases for a smal...
Hey guys,Sorry for a dumb question.I am not sure who am I looking for, an accountant or paralegal?I need to make sure I am not doing anything that will pierce the corporate veil and put my LLC and other assets in jeop...
I locked up a good deal last week and had it wholesaled in a matter of hours for a $20k profit. The seller was satisfied with the deal at the time of signing, however, one of the "buyers" on my list was competing ...
Ok, so am getting into the Real estate industry as a way to achieve the financial freedom that I desire. But every week there is something that happens that reinforces my focus on my studies, searching redfin, reading...
I'm taking the classes to get my California RE license right now, I Should have those done in about 5 weeks then take state test. I heard there is a 6 week backlog on taking the state test right now, not so happy abo...
Hello BP,If I find a good deal on a large apartment complex, but don't have the money for the downpayment ($500-700k), what kind of product or offer can I structure to talk about with friends and family who might want...
Hi, my name is Chris and i am curious if anyone is doing any rehabs with Energy efficiency or Green products included? Also have you experienced any interest from buyers in this regard.Thanks Chris