Bill W
Is LLC really neccesary
to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...
Account Closed
Investing low income cities questions
Hey everyone!,
I am from CT here and have been looking around at some Bank REO's using this website. I have found a few that are priced really cheap like 15-40k for some multifamilies. The neighborhoods are rough as ...
Nina Sachdev
Yo, BP! New investor from Philly!
Hi everyone! I would like to purchase my first property this year. I think it’s doable. I have the cash and no debt. I have narrowed my list to four areas: Jacksonville, Fla., Toledo, Ohio, Pittsburgh (where I went to...
Robert Wilson
Got It Under Contract--NOW WHAT??
So........ I just got my first property under contract. Now what do I do? Can someone please give me the last steps in this process.Thanks in advance
Steven Andrews
1031 Exchanges for Dummies
Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...
Ariel K.
Buy or Invest in Syndications?
Just curious - If you had 250K, would you buy real estate on your own or invest in a multifamily syndicated deal and why? I realize there are many variables, but let's assume the IRRs are comparable. The building(s)...
Adam Gregory
How to Fund 60 unit apartment acquisition with Zero funds
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Account Closed
Grandma’s house - seeking advice
Hi folks - newer to BP but a young striving REI, I’m looking into an option for capital to start my REI journey. bottom line: grandma moved into senior facility. My dad and his brother are looking to sell her home.sit...
Jon A.
Water Damage - Is this considered tenant responsibility?
Hello everyone, I'm looking to get some advice on this situation with a tenant in my property.
I own a condo unit and this tenant has been living there for a few months now. Soon after they moved in, they asked me i...
Nick Cucci
How to assist raising capital for syndications legally
Hi all - I have a goal to begin working on larger syndication deals. I'm not yet at the point where I would be sponsoring my own deals, but there are a few groups I'm in contact with where I can add value by assisting...