Hey everyone, I'm a highly seasoned multi-family investor and developer in Canada, with a track record of successfully developing over 800+ units. We are transitioning into the US Market particularly Texas and looking...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $150,000
Cash invested: $182,000
BRRRR SFH and fourplex, five total doors.
Purchase price: $150,000
Rehab/ ...
Hi everyone,My husband and I found a property that we want to make an offer on. The original owner passed away unexpectedly ~1 year ago and their children inherited the property. There’s no mortgage and it has been on...
Hello BP,
I am in search of a CPA in the North Alabama area that can answer several questions for me related to Capital and Real Estate.
One question in particular is that I was gifted capital for a renovation on a...
Hello BP. I am a Real Estate Agent in GA. I have been contemplating hopping over to Commercial RE for a while. Can some of your agents tell me your thoughts on becoming a Commercial Agent in this current market? Pro/C...
Investment Info:
Single-family residence buy & hold investment in Crawfordville.
Purchase price: $209,900
This 3/2 single family is one of many new builds in what I believe to be an up and coming cit...
Hey all, thanks ahead of time for advice. I have an apartment I'm repositioning currently. I purchased it for $1,045,000, cap ex is $170,000. ARV appraisal was done pre-closing @$1,350,000, which would put the in-p...
Hey everyone! I know the power of this forum as I've made a few friends in other parts of the country through here- so I'm excited to be back on the scene. I've taken a few years off because of my W2 job, but I'm re...
Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
I just have some general questions about taxes on real estate income:1. If I turn a profit on real estate, what tax rate would I pay? Long term capital gains? 15%? 23.8%?2. Is there a way to always avoid taxes even af...