Mil Sanghvi
**JUST BOUGHT A 10 UNIT APARTMENT BUILDING NOW WHAT???
Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...
Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Daniel Tisdale
Buying a Rental Property that has negative cash flow in Austin
Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Jon H.
Newbie Columbus, Ohio - Minimal Experience, Desire to Wholesale
Hello BP Community! A close friend told me to check out the BP podcast. I listened to over 10 episodes on a drive from my home in Columbus, Ohio to Connecticut and back. I've had a desire to get into flipping for...
Brian Johnson
Am I land lording wrong?
Hello All!My wife and I purchased our first duplex ~4 years ago, and overall it's been a pretty good experience for us. We bought a place that was in great condition for the most part so we have rarely had to deal wit...
Michael Guzik
Why out of state investors fail?
I receive lots of messages and am reached out by quite a few of out of state investors. I'm sure it is no surprise or secret that Texas is a very hot and desirable real estate market. I always do my best to provide va...
Gregory Schwartz
Post Military Plan: What would you do?
BP,What would you do......Next year I will be transitioning to civilian life, which will likely take me back to Texas. I will have around 100k to be used on a personal property and/or first deal.My goal is to focus on...
Alan Lambkin
Analysis Paralysis - I'm stuck
The good news, I had no issues buying my first 3 unit in Worcester, MA. The bad news, its been limping along with bad tenants and horrible property managers. I've run the numbers inside out and upside down and don't k...
Tony Mai
[Calc Review] Help me analyze this deal
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