Tim Silvers
Dealer Status and Installment Sales for Mobile Homes
Does anyone know if mobile homes on leased land (no parcel) and
seller-financed would be eligible for installment method reporting since
they are (i) personal not real property, (ii) the notes cannot be
consider...
Lori Lloyd
LLC or Tenants-in-Common - which is best for 401k funds?
What are the pitfalls and advantages to setting up either an LLC vs simple Tenant-in-common ownership when investing 50/50 with a partner where I am using solo 401k funds and the partner is using their own funds? Oth...
Cerise Goldberg
How do i finance my second investment property ?
How do I finance my second investment property. I was told I needed to put 25% down
Yasmin Na
Wholesale Property and Flip in West Milford, NJ, by Lake
A contractor friend connected me with a property wholesaler who found me a property for 265k (originally listed at 330k). My friend saw the property and said it would need 40-50k in repairs (he contracts for a living ...
Bryce Carroll
Residential condo under contract, found existing tenant is an LLC
After being under a buyer's contract for 2 weeks with intent to close next week, I received a copy of the lease for the existing tenant. The tenant is an LLC with no officer signatures on the contract, it's a 12 mont...
Jonathan Bombaci
What’s happening in your Market?
Whenever someone asks me what I think of the market I love referring to this slide/data.
Honestly I don’t know what the market is going to do. Anyone that tells you otherwise is either lying to you or to themselves....
Dustin Faeth
Ideas for Structuring Deals with an Equity Partner for Buying and Holding Rental Properties...
Hello BP Family,
I have been coming across a lot of great buy and hold opportunities in the Columbus, Ohio market that I would love to purchase and hang onto for some great monthly cash flow, and to build the...
Kyler J Sloan
Gym for a Vacation Rental?
I will soon purchase my own rental property in Tennessee, and would like to utilize my gym equipment (i.e. I am "house hacking"), but do not know how much of a nightmare this has the potential to cause in the case tha...
Account Closed
Strategies of buying "subject to"
I'm trying to wrap my head around when it make sense to buy a property "subject to". What are the typical exit strategies after buying subject to? Let's say a seller won't accept 50K on a 100K property. If they onl...
Michael Janas
Current cap rates for multifamily value-add
Hey everyone. I’m underwriting a potential deal on a 6 unit residential with a commercial unit on the bottom the floor. NOI is reported at 61k based on pro forma which I think after true expenses are accounted for is ...