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I am invested in a syndication as a limited partner. The property is an apartment complex in the South. It has been struggling for several years now. Distributions were halted before COVID hit and then COVID brought m...
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Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
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All, I'm buying a mobile home in a park with seller financing. Would someone please describe the necessary steps that should be taken to safely and legally close the transaction, including steps to make monthly paymen...
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Hi All, I'm very new to BP and just participated in a BP get together this week in Houston. I'm interested in being a hard money lender, but have never done it. As a licensed agent with a very analytical background, I...
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Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties. However, once the local bank he had been working with was sold, the bank tha...
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Hello. Looking for insight, readings, websites and general resources to learn about self managed IRAs. Process, legal and tax best practices, do’s and dont’s, funding, etc. I am only 9 years from retirement and see...
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Hi all, I'm new here. I just found this site on Google search while trying to get more information about Mr. Michael Elefant and BNB Investor Academy. I follow him on Instagram and he contacted me to invest in his ren...
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Hello all,I am sure all of you have experienced a significant amount of growth these last couple years with your real estate endeavors. I was wondering what the best property management software is to use to manage yo...
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I wanted to reach out and share some exciting news—I've just finalized the purchase of my first rental property, and the closing is scheduled for next week.
As I embark on this journey, I'm eager to kickstart the pro...
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I still have not heard back from the bank regarding an offer I made on another property and that offer's deadline has now closed, so until then, I'm making looking to make an offer on other properties.
I just got bac...