Dustin Brackins
Storage Unit analysis
Hi, I'm brand new to BP so I'm sure this may have been asked before but her goes... I have an opportunity to purchase a 262 unit storage facility and can structure a deal with no money out of pocket. I'm trying to fin...
Yohannes Kifle
Need advise on buying seller financed wholesale deal
Hey BP,I am considering a deal on an 8 unit property in the Seattle area brought to me by a wholesaler. This is my first deal and it seems a bit complicated to me.The seller wants to do seller financing with the first...
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Thomas DeMoss
Cash on Cash return for Single Family Home
What is the minimum cash on cash return I should look for in single family rentals? Here is a deal I just did and wanted some feedback on if it was a good investment. Bought 3/2 in good neighborhood. Sales price was $...
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
Nik Moushon
1031 towards a vacation home?
My father is getting toward retirement and is looking at selling one of his businesses he is a partner in. Once the business is sold could he take his share and use that in a 1031 to purchase a vacation/second home? I...
Naeem Barbour
Starting off and need help
Hello,My name is Naeem and I am 22. I am at the point in my life where I would like to establish wealth and want to start taking on real estate. I work a full-time job but I am still staying with my parents. I would l...
Ryan Nelson
SBA 504 loan - What do I need to know
Fellow BPers,
I am interested in a property with a 4-plex and some room to develop several more just like it. Unfortunately the raw land isn't producing anything and doesn't help my case with a commercial lo...
Charles Baker
Cost segregation - SFR acquired in 2021 followed by full reno
Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
Jake Hart
Two 4-units into one 8-unit
Hi, I'm purchasing 2 4-unit properties that are sitting right beside each other but are on separate parcels of land. I called the zoning and planning department and they advised me that these parcels are currently zon...