Hello everyone! I've been reading the site for a while but this is my first post. We put in our first offer on a small duplex with two bedrooms in each unit. I am crunching numbers like crazy to see if it makes sense...
Hi BP: Here's the deal, literally:The four houses are in the suburbs of Chicago in primarily stable locations. My problem is that the deal seems skimpy for a wholesale so I thought buy and hold. My background in com...
I have an owner that has two 2/1 SFRs owned free and clear that he is "considering selling". This is in Santa Ana, California. In our first conversation, he said he would take $450K for both if we could close fast. Th...
My wife and I are flipping houses in the Pittsburgh area, and have set up an LLC for this. We also are required to register the LLC with the Attorney General's Office as a Home Improvement Contractor in order to meet ...
I am a new house flipper in Milwaukee and in the middle of my first project. Things are going well and we are wrapping up to final pieces of the project which will hopefully result in a successful sale. Nearing the en...
Hello everybody,
I am a new investor about to make the leap into investing in rental properties. I have been searching the interweb for a forum just like this for a month and I am very glad to have found it.
I ha...
*7Mn in capital potentially needing to get placed*
An agent and I are thinking of creative solutions for the best solution to this opportunity. We have the listing on a 65 unit portfolio sale with a 32 unit apartme...
Hi BP CO,
I'm an out of state investor (CA) looking to invest in a MFH (duplex most likely) in Denver or Boulder sometime this year, price range flexible.I'm considering moving there and house hacking, or just managi...
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...