I'm going into a partnership with someone who lives in and invests in Rhode island. We want to buy a rental property together and the property is in RI. So if we create a RI llc to buy the property, can I put my MA LL...
For most real estate investors who have been chasing foreclosures, the good deals are getting harder and harder to find. I posted a discussion recently regarding the competition that’s occurring in most markets in the...
Hey all,
Ok I just had this crazy idea and I need your feedback. I was just browsing the Ikea website looking at their various new products and noticed they put a lot of effort (and probably a lot of money too) into...
How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a multifamily at an incredible deal, way unde...
My wife and I recently purchased a condo in Maui (5 minutes north of Ka’anapali). The history of the unit/complex shows very good repeat renters, families, etc. My wife has an amazing eye in regards to interior desi...
Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
Stepping out of my Covid-19 news coma to deliver some lighter news. I was so excited to help two clients close on this deal last month in Denver's up-and-coming Barnum neighborhood. Just another example of how in a ho...
I am currently active duty military and am trying to get out in the next 4 years, in order to do that I need to be well off financially. How would I start with little to no capital? Military doesn’t pay much. I’ve bee...
I'm sure most of you are laughing at the label on this thread. Hear me out.I started a thread several days ago about how high can real estate prices go. The majority of the responders have all acknowledged that we are...