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Hello BP Community! My wife and I are finally ready to pull the trigger and execute on the business plan that we have developed which is based on applying the BRRRR strategy to short term vacation rentals (AirBnB) in...
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Crossposted in Texas forumHi,
I'm in Texas and my dad passed away nearly 2 years ago. I inherited his home which is paid for.
I've been living in it and have done heavy home renovations. I know
that if I put it u...
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Hey everyone! First time posting... I'm looking to buy a duplex as my first deal. I'm lucky to have my dad as a partner but he does not live in America. The deal is a seller finance duplex, already has tenants and cas...
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There are many CRE syndications that will be facing Cash Calls in the coming months/years, and many have already started this process. Just wanted to start a thread on some things to consider if you’re an LP facing a ...
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I did see several LLC threads...very helpful. I want to go back to the attorney knowing more details from experienced real estate investors. I do have LLC’s and one is holding real estate with my father so some experi...
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Hey guys. Trying to iron our the details of "subject to mortgage" deals and finding little examples out there that actually walk through the numbers. So I made up a real example from my current market and I'd love t...
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I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
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Hi all,I'm wondering if anyone here has had success reaching out to occupants of a home that you have the tax lien certificate tittle? I'm wondering the best approach to take possession of the property. If you can sh...
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Hey guys,So this has been a bit confusing for me, but assume I have an LLC that has nothing (0) inside of it. Should I try and get a non-recourse loan, if the loan & property is going to be under the LLC? Is that ...
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I've been working with my current CPA for several years and have built a lot of trust, however, she's never worked with REI, rather entrepreneurs in almost every industry but RE. And after reading/listening to several...