Phillip Rosin
How did I do please? First deal. Trying to learn for next time.
I have 2 duplexes (B- Class) I purchased essentially as a package (same owner, identical and adjacent, but two separate properties) back in May 2020. Built in 1998, block construction, each unit a 3/2 and 1080 sqft, n...
Anthony King
2 financed deals at the same time?
Has anyone ever done two separate deals at the same time? When I've closed deals before using conventional financing the loan officer tells you not to open any new lines of credit, vehicle purchases, new mortgages, et...
Karl Kauper
1031 Exchange Purchase via an LLC, 2 LLCs or Personal Names
Hi All -- Wondering if anyone out there has faced a similar situation and, if so, whether you might have any guidance or opinions, etc.? My wife and I are in the process of doing a 1031 exchange purchase. We are in co...
Joe Gee
Finished Fix and Flip, not sure how to calculate profit
I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...
Robert Morrison
1031 into already owned property?
I closed on and am currently rehabbing my next value add house hack utilizing airbnb. The property I closed on is governed by an HOA. That HOA stipulates that I can build another cabin on my 1.97 acres. I have an addi...
Matthew Lenning
Sell equities now and invest in new home construction
hello BP communityI own a lake front rental property in the red hot upstate NY market that I'm using for STR. I'm cash flowing between 8k-10k a month. The house sits on a double lot so there is potential for developme...
Mauricio Castro
What is the right LLC structure involving investors?
Good afternoon!I am trying to find the options to set up an entity to participate within another entity (LLC) in a construction deal.An associate of mine is putting together a construction project for single-family ho...
Wayne Bolen
What to do with an extra 0.4 acre lot?
My partners and I recently purchased a small self storage facility outside of OKC. The sale included both the lot with the storage facility, as well as an adjacent 0.4 acres. This was a value add facility (we fixed th...
Eric Lam
Do solar panels increase resale home value?
Will installing solar panels increase the resale value of my home? I'm on the fence moving forward with that option.
Jeremy F.
Need advice on selling - Buyer requesting seller financing
Hello Everyone!I received an offer on a property I am trying to sell (was a month or two late from the peak and due to the market it is in I haven't gotten a lot of activity). They are offering at the price point I wa...