Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
this investment property that I was doing research on and even been in contact with the city where its located about possibly adding another bathroom to the home(its inherent flaw in the floor plan) to turn into a inv...
I just finish rehab single family and renters are moving today! So, far so good but when I went to the house to give keys to my tenant in the morning, we found one small paper note was stick at the front door of the h...
Ok, I know I talked about this in another thread but basically this is a new question concerning HUD Foreclosures. I don't know how these gurus can Wholesale HUD Homes from the HUDHomeStore.com seeing you need a HU...
I am closing on two SFRs at the end of June and I want to start pre-marketing them for an August move in date. Trouble is, the rehab will probably be done only days before the move in time period. Does anyone have ...
Hello all,About 6 months ago I purchased my first property, a duplex on the MLS at below asking price (and below market based on comps) in a high-demand, albeit up-and-coming neighborhood of Buffalo, NY. I've since re...
Good Morning BP,My wife and I moved from Massachusetts to Virginia last summer for a job opportunity. We bought a house 4 months ago but just found out we are expecting. She is currently in grad school and will be una...
Looking for anyone who has a duplex that is mix of STR & LTR and claim material participation for the STR side for the "STR loophole" to offset active W2 income? I recently had an email exchange with my CPA regard...
Hey BP. Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 1...