Colin Youn
How to Structure the Partnership
A friend of mine from overseas is interested in investing in real estate in my local market. He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...
Michael L.
Servicing fees and actual returns
Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
Debbie Woods
In Illinois want to buy home in FL to use for rental income
I plan to retire in about 6 years and would like to buy a property on the Florida coast that I could use for rental income until I move down there to retire. I have no experience in real estate. I've bought two homes ...
Jose Alonso
DO MOBILE HOMES MAKE SENSE?
Alright guys so I'm a newbie, don't have to much cash just about 20k. So I'm considering buying a mobile home for about 15k and renting it out for cash flow. Don't find to much info on this. Most strategies on mobile ...
Nikki Bai
Construction company raise price after contract?
Hi Investors,I signed my first investment property contract back in March this year. While today, the construction company told me to either accept a $42000 increase on top of the contract price, or get off. I underst...
Bob Metry
Deprecation Recapture Tax Rate?
How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
Robert Brown
Rookie: Looking for advice to move forward with small multi's
Good day!Been an exciting 2 years, and hopefull i'm just beginning!!**1**Closed on a local (Kenosha, WI) Duplex in May 2020.. Upper/Lower ~ 1,000 sq fot per floor, plus basement storage/laundry and a large garage.mov...
Joseph Burger
Just Starting Out… With $140,000 Capital. Strategic Advice?
TL;DR: If you were just starting out, with basically zero debt and costs, a low six-figure salary, and $140,000 to invest, with a desire to get into real estate, “connections” to a team of contractors and a great real...
Dylan Prout
My 1st Forums Post! New Investor/Agent in Wisconsin - Any Advice?
Hi Friends! I'm a newly licensed agent in Wisconsin and excited to start my journey investing in real estate. I've been an avid listener of the BP podcast for the past 18 months, reading books, and I'm ready to take t...
Tina Rubin
RI multifamily BRRR finance lending process
I have 1 SFR rental property in CA. My first out of state purchase was a SFR in Feb.2021 in East Providence. I made minor improvements (5k) to get it rented within 30 days of closing (East Providence) and it cash flow...