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So I'm looking at a deal and these are the circumstances:Undeveloped land (looks like only foundation was done), but has approved plans.Looks like 2 multi family plots were mapped out.comes with 35yr tax abatement and...
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Hi! BP friends,I'm located in New York, Queens area. I'm first time home buyer. I met with a seller who is willing to do 'subject to' to sell his 1.7 million 4 family house but we both don't exactly know how does it w...
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HI Everyone!I am a real newbie here and with investing. I have a lot read a lot in mobile home parks and will be investing in one or more within the next year. My question is at this point is-- should I secure financi...
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Can anyone recommend a real estate savvy CPA for the following? We are buying our 3rd rental property and looking for professional help to setup everything up right before we expand to (hopefully) 5-10 properties. -Re...
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This question pertains to an investor who has limited income on w2. If after your write offs on your taxes you are at a loss on your rental property income ( the property has a mortgage) and the time comes where you a...
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Hello. Rookie BP investor here.
My father and I own a rental property business with three rentals. We are expanding quickly and need a great and clear way to keep track of our expenses, income, and all other Financi...
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. Hi BP, I am a newbie investor in Houston, TX and I want to build a rental portfolio. I’ve been told that “house hacking” or buying a single-family residence (SFR) with a downpayment assistance program and renting o...
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Hi All,
Today I have to meet with 3 different home owners on offering my service and advice for Short Sale. Any advise on how to keep the conversation? what to say and not to say? what jind of documents I need from th...
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I have built a relationship with several possible le joint venture partners. They will only be putting up down payment money. I will be handling managing all other incidental issues.
What are fair yet attractive ter...
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Hi All,I am looking into my first syndication deal and if I was curious what tax benefits apply to someone who's about 3-4% on a 1.8mm deal that includes an 18 unit apartment and 6 air bnb's? I would love to be able t...