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Hello.
I have a deal that I am working on and could use some simple insight. I have the means to turn around a $25,000 investment into $75,000 within 90 days.
Is this a good enough ROI for a private lender?
I hav...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...