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So, I am sure this question has been answered many times, but let me ask it again and see where it goes. If you have a link to a related forum discussion, I would be thrilled to check it out.I jumped into the investi...
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Hello all, I am a general partner in apartment syndications and have a tax/legal question. Many in my investor network have indicated that they want to sell their rental properties, and move those funds into our deal...
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Hello BP family. I am so happy to have found what looks to be like a great place to learn the ins and outs of real estate investing. I found this on YouTube yesterday (after a lot of filtering) and was impressed. So I...
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Hi there!I own a 24-unit property in Central Florida near Orlando. Most of the units are weekly rentals with the remainder being monthly.The building is financed with a private-lender at 11% and I'm looking to get re...
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Hi all! I'm a very new RE investor who has a full-time job I have no interest in quitting. However the idea of building a stream of passive income for retirement is really appealing.So I'm wondering for my first pro...
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Some friends and I are trying to start a business owning/operating short term rental property. We formed an LLC for tax and legal protection purposes. When we found our first property, I took out a conventional loan ...
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So I have located a 1/1 600 sq.ft (12 wide by 50 long) C class home is a C and maybe D class area, that I think I can purchase for all cash at $25K. I would like to put in another $15K – $25K in closing cost and repai...
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I'm in the process of purchasing my first home (will be my primary residence for 1 year or 2. Later to become a rental property.) The house was listed as a 2 bedroom 2 bathroom but was disclosed on the MLS listing tha...
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I have read IRS publications and scanned forums but can't find a direct answer to my very specific questions. I sold a rental property last year. The IRS says "Vacant while listed for sale. If you sell property you ...
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Hello BP I have a property that’s zoned as a triplex the previous owner roomed it as a open concept but technically u can’t room in Philadelphia. I want to BRRRR it once rehab is complete however the layout for a trip...