Dan V.
Converting SFH to Assisted Living Facility
Has anybody had experience converting a home into an assisted living facility? We are thinking of buying a 2500 sq ft SFH and extending it to 4,500 sq ft (from 6bed/3bath to 14bed/7bath). We have an operator willing t...
Gayle Eisner
Questions about hiring a CPA
Greetings:
I am a small timer but I own three rental properties. Currently, I have a CPA that I have been using a few years. I am not an expert in this area, but it seems that I am the one that has to point out to ...
Jesse Byrer
Freddie Mac Home Possible - 5% Down (2-4 units)
I want to share this program with the group for those that are not aware of it. Freddie Mac has a program that allows only 5% down on 2-4 units. This is a huge opportunity for savvy home buyers because you can get i...
Gulliver R.
Cancellation Policy tips and Listing on other OTAs
Hi All,I have my Airbnb listing set to "Firm (New)" for cancellation policies. Wanted to know what your guys' / gals' thoughts are on what is the best cancellation policies out there? Also, I have my STR on Airbnb and...
Nicholas Armstrong
Roth IRA option to flip houses
Hello everyone,I was just going to see how many of you have done a Roth IRA option to flip houses?I've heard this is a great way to expedite the growth of your retirement account but I'm wondering how to technically d...
Jim Chung
self- directed IRA vs solo IRA
im curious what is the difference between these 2 IRA in regarding property investment under IRA rule?here are many custodian who would open the account for you. the problem i know is the fee/ mainteance charge fro...
Alex Rozenfeld
Foreign Investor Tax Implications
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Jonathan Blandino
Becoming a Mortgage Broker question
I recently attended my first Flippers event and met a bunch of great people. I spoke with one person who told me to look into becoming a Mortgage Broker. I did some research and interested in a switch career wise. My ...
Steven Yow
Bid assignment for cash. Illegal?
I have a high bid at an auction in NC. I was approached with a deal to assign my bid to them for a price of $xx,xxx. After reading up on this, it feels like fraud and illegal The proposer said that assigning the bid f...
Mindy Jensen
Looking for advice about purchasing via Auction
A friend is looking for advice about buying from an auction. She won the auction in Illinois. Tips?