Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...
I have a wholesale deal in the Atlanta Market, but seller wants Seller Financing to close instead of traditional full cash offer due to large “Capital Gains Tax”.My question is can I position this deal to an end buyer...
Hello, this is my first post so thank you for reading. I am a new investor looking to make connections, especially in the Cleveland area.I am a contractor/carpenter and I do my own rehabs. I was recently pre-approved ...
Hello I had a question, my father passed away a few years ago and left us two rental properties in Virginia. Both properties owned free and clear by our mother but my brother has the power of attorney. We are trying t...
I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey. I did some major rehab (new roof, windows, etc) and also ...
Hello BP Folks! A month ago I closed on my first rental property and I am already feeling the pains of working with a lackluster Property Management company.I purchased a new construction SFH in Northern Dallas throug...
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
Hey Everyone! Here is the lowdown:Purchased an investment single family home 2bed/1bath in North Park that was well under market value due to repairs needed and being built in 1928. Purchase Price: $585k with a $100k ...