Payten Mox
Investment Property Opportunity Questions
Hi all!Recently, I was presented an opportunity with a property that is gutted and in need of a renovation. This home is near Portage MI and is currently offered at 75k with an ARV of 350-400k it will need 150-175k in...
Cara Lonsdale
Unlimited Marital Deduction Question
Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married. Spouses file taxes jointly. Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...
Alexis Smith
Please Help :) WHOLESALE QUESTION
I've never done a wholesale deal before but I have been posting on Craigslist to build my buyer's list as I'm learning. Today, I got an email from someone saying that he needs help with a wholesale deal because he ...
Daniel G.
Coinmach Question Due Diligence
Hi BP community,I have a quick question regarding a Coinmach contract for a multifamily property that I am currently inspecting. There is currently a coinmach contract that expired in 2012. As most of you know this le...
Ajay Sharma
Industrial Building Marketing Question?
Hello Team,I own a 20K SF industrial building in Illinois. It has been recently renovated and I am placing it on Loopnet and MLS for sale or lease. What else can I do to actively market this property and locate a buye...
Dion Benton
Newbie with Tulum questions
Hello I am new to the family here and right now doing my research on Tulum. In the next 3 years looking to buy a property to use as a source of income and an occasional vacation spot. I have stalked the site for month...
Greg Todrank
RoE Question — nothing down
Question on tracking performance on a property. I have a duplex that appraised very well and I was able to have the bank finance an additional $15k for some necessary improvements. So I put $8.8k down at closing and r...
Michael Chang
Questions on Estate Sales
Hi BP community,
I am a newbie in BP. I am going to a house tour an estate sale tomorrow in a good neighborhood near the Philadelphia suburbs. Since the seller's disclosure is not available and it's my first time loo...
Clifton Ho
Rental Property Insurance Question
Hi,I currently have a rental property located in Kansas City, MO. I currently have rental insurance but the coverage is low and the deductible is pretty high at $5,000. Anyone have any recommended rental insurance co...
Alyssa Henderson
LLC questions and trust
We’ve had a couple recommendations but aren’t sure what to do regarding an LLC. A lot of people recommend a separate LLC for each property and some suggest a trust or s corp that owns the different LLCs. We only have ...