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I own about 40 props in Illinois and N Indiana and have been working on taking the next step... starting a property management company. We are opening Monday!Question for the experts here, for lead/radon disclosure, I...
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What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...
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Hi BP community! I am from Wisconsin. My husband and I are new to real estate investing and currently seeking for our first rental property investment, preferably a multifamily (2-4 unit) home. We are excited to embar...
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I'm planning a road trip to look at some select cities in Tennessee and North Carolina. We are looking for value-added multifamily properties with 40+ units, and we think that TN and NC have some good outlooks. I'm wo...
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Good afternoon BP friends,I'm looking at setting up an SDIRA for the specific purpose of buying a single property - an undeveloped lot - and I'm trying to determine if it makes any sense to use an LLC and/or have "che...
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Hello all I have been an appraiser for 11+ years and also have my real estate brokers license. I have purchased, rehabbed and sold over 30 properties and have 7 buy and hold rentals right now.My goal is to purchase my...
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Hello all!First time post here. I own a 20 unit complex and recently had to let my existing property manager go and hired a new one. When I expressed my concern to the old manager last week he said he deserved a cha...
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We own a condo and someone just purchased 130 units for over $9 million in a single transaction. Before this, the comps in the development were between $80-90k for a similar condo. This bulk sale was for around $70k a...
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I recently heard of a conference with top real estate executives that had a panel of 5 millennials.The millennials sat on stage and these executives asked them questions about where they eat, what they do at night, wh...
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I am trying to analyze a deal that was proposed to me and am having trouble running the numbers. Probably something simple I am missing or the deal just doesn't make sense.3 condos, the owner has 14 out possible 48 in...