John Yowpa
loan questions regarding money loaned to LLC
hi allMy wife and I started two LLCs recently.LLC #1 is her non-profit. This pays rent to LLC #2, which has the mortgage for the property.In order to pay for the property we of course has to use personal finances for ...
Bojan Rajkovic
Appraisers Turning Down 4plex?
Closing hopefully in 3 weeks on my first 4 unit building and I'm confident about the numbers, nice piece of land (2acres) in a residential area near SFHs and no other rental buildings nearby. Recently received an upda...
Luis Rodriguez
Should I go through the trouble ?
Hi,My first tenant just left on 1/31. We live downstairs. A little more than a month ago we texted her about someone (her son) bouncing a ball off the hardwood floors and telling her nicely that it was an issue. It's ...
Helen Shaw
Joint Venture with hard money vs borrowing
I have spoken with a hard money lender but am still a little confused. He wants me to a joint venture which means he will fund the project 100% and do a 60/40 split if i get it done in 4 months. If it takes longer it...
Brandon Lewis
Earnest money deposit
Hey BP community I am new to real estate and I have am become very interested in using wholesaling as an investment strategy. I have currently been looking over several purchase and sale agreements used for wholesale ...
Juan Orozco
How is the cash flow cashed out?
I am new at this investing proses and I’m workin on my first rental property deal. But I’m still a little confused on the cash flow part. I know that the more cash flow the better and it’s based on the monthly income ...
Cole Britting
Renting rookie question
Hi all, I have a rookie question about renting.So I have been living in a town in Southern NH all my life, until about two years ago when I went off to college. It is a mostly residential community, and I have never h...
Laura Alamery
Coronavirus and Real Estate Investing - What is happening now?
There is a lot of confusion about what is going on in the real estate market right now, especially when it comes to investing. To me, this is following some of the outcomes from 9/11. All of the sudden something happe...
Bill Exeter
IRS to Issue FAQ's on 1031 Exchange Extensions
FAQ Coming on Like-Kind Exchange Extensions
Posted on Apr. 15, 2020
The IRS is putting together a FAQ that will clarify the recently announced extension of deadlines for completing like-kind exchange transactions.
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Cory Kline
This is my first buy and hold rental deal.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $93,000
First deal. I've learned a lot with this one and would do a lot of things differ...