Michael Cerni
Portfolio Refinancing in Chicago cash out
Hello, I am trying to figure out which lender is best for my portfolio refinancing in Chicago. All properties are worth 50,000 + with 1million + total (there is 10 properties, 20 units). They are rehabbed and at a...
James Fisher
BRRRRing a house conversion
In my market, a college town, there are quite a few old Victorians that were converted to multi-family. Has anyone here had any experience purchasing and reconfiguring a home like this using the BRRRR method?For insta...
Account Closed
Hard Money Lenders Today!
What does a hard money lender mean to you? To me it's an individual or company that lends for a certain amount of 'points' and a MUCH higher interest rate than YOUR LOCAL bank.Recently we were forced to look for a ne...
Ty Schuman
New lake development
I have an off market deal in the works for 40 acres of prime waterfront property on a prominent man made lake in AL. I was curious about best way to start a crowdfunding for this deal if it turns out that I can not ge...
Nikki Kofkin
Humbolt Park Quick Flip
Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $190,000
Cash invested: $165,619
Sale price: $493,100
Partner deal, 50/50 profit split.
Wh...
Owen Schwaegerle
Can you cost segregate an ADU that you built on your primary residence?
Hi BP Fam,We are currently doing a garage conversion to an ADU on our primary residence. Adding a lot of value has been great, and rather than take the depreciation over a long period of time we'd like to cost segrega...
Jessica Yoo
Bonus depreciation on ADU (REPS status)
Hello, We are new investors and would love your input. We bought a duplex with a sizable garage/hobby space that we would like to convert into an ADU. We are trying to get everything done this year so that we can stil...
Spencer Small
Structuring my first Partnership Operating Agreement
Hey BP. I'm a newbie with an amazing BRRR deal that I posted for feedback in the calculator. I found the house and my realtor/contractor negotiated a land contract with the seller that we are ready to sign. We would...
Blaine Watson
Best software for finding deals
Hi Guys,I'm looking into software for hunting down a few properties. I have been looking at PropStream but I wanted to get some feedback on if the platform is the best or if there are better options out there? Also, a...
Dale M.
Paying off Real Estate Taxes
I would like to start paying off some backed up property taxes , ( i.e., school, county,local,etc. ) that have collected over the past 4 years on a property I own.My question is what tax bills are most important; shou...