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I currently have a 12-unit multi-family property under contract and, per the terms of the P&S, the seller is to provide me 20% seller financing. The P&S states the rate and loan term, but otherwise explains th...
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My partner and I bought a property cash under an LLC with the idea to BRRRR it. We fixed it up and rented it for more than 6 months now but realized that LLC interest rates are very high. So I'm looking at a couple of...
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I am new to real estate investing , is now the best time to buy a new property?
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Just purchased a pristine home in ABQ- Lock n Leave- Looking for an executive renter, AirBNB, or people renting, until home get's built.- Less staff, 24-48 hour turn around- Super clean- Thoughts on these, moving forw...
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Hi fellow RE investors,
I am trying to finish my taxes for 2011 .. The same question that hunts me every year raised its ugly head once again.
Issue #1:
I have two times of expenses, routine maintenance that sometim...
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Hey guys,
I am still a newbie so I apologize in advance if this isn't a very intelligent question.
I am looking at a potential property with price say $600k (3 plex , 4000 sq ft MF) and asked my realtor...
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Hello BP Nation - I have a question about the use of a living trust from the perspective of a buy & hold investor. I am looking into setting up a living trust with an attached pour-over will for the purpose of...
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I'm not sure this even makes sense so here goes.
Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...
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I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
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Will quit claiming our personal home's deed to my wife protect us from a lawsuit pertaining to my business or my rental properties? She is far less exposed on a liability level.