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Team,I’m entering into a new realm with investing and looking to offset other sources of income with cost segregation combined with accelerated depreciation from real estate professional filing status. If the losses e...
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In December 2019, I had posted an article outlining 8 separate deals I put under contract (totaling over $1M in real estate) in 12 months. Here’s that original article here--From 2 to 18 Units ($1M+ in Real Estate) ...
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I am contemplating to make a loan from my solo 401k to a friend.
The loan will be secured by the property.
I would be interested in a word of wisdom on how it is properly done to avoid trouble with IRS and/or loosing...
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I’m very familiar with the market the listing I’m considering is in.
I’ve had my realtor walk the property and FaceTime me.
I’m ready to proceed in making an offer on Xome.com but have never used an auction site befor...
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Hello guys,
First I apologize if this post is in the wrong section of the forum as this is my first time posting here.
I found an off-market deal in the Plano, Texas area. This property is a fixer-upper according ...
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HI BP fam! Quick questions getting started - 1) Which app or system do you use to manage the details of your properties? Keeping track of details of repairs for a new property rehab, cashflow, vacancies etc....all the...
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Hi All!I'm working on getting into my first BRRR and am trying to understand appraisals a little better. I'm trying to find the standard methodology used by appraisers in Florida- I understand that techniques can vary...
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Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
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I'm currently trying to start the process of raising money from private investors. I've checked out a few articles and a couple of webinars on the subject and recently attending a local REI meeting on the subject.Does...
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Hi,I'm looking for some suggestions regarding a bathroom addition. We have been talking to several construction companies, the outcome is not so promising. Some of them aren't taking up the project because of the size...