Owen Thornton
Business entity in rental properties
Is it better to open a business under an llc or an s Corp for a rental property company.
Hunter Thompson
Buying A Primary Residence With Little Taxable Income
Hello,
I have investments in 30+ syndications and show little income (due to the depreciation). I am also self-employed. My wife (also self-employed) and I are interested in buying a home, but are at a loss in terms...
Tyler Winchell
Question about a getting a mortgage
Question so if I just move somewhere and want to buy a complex for let's say 10 units and listed at 500k. 13k a year I'n expenses and 70k in profit before mortgage. And its 90% occupied would the bank approve since it...
Gerald Evans
Condo vs Single Family Investment Dilemma
I am looking to purchase my 2nd investment property. For a rental property, I prefer something intown to attract the most renters. Condos are the most affordable but HOA fees range from 4300-500 per month and some hav...
Account Closed
Value-Add Opportunity in University-Anchored Market
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $700,000
Cash invested: $210,000
28-Unit, Class C apartment complex
What made you interested in inve...
Justin Dossey
What do you use for taxes?
Good morning everyone!This is my first year being self employed and I would love to know what/who you use for taxes. I typically use Turbo Tax for my w-2 employment.Now that I am no longer a W-2 employee I am open to ...
Alpesh Parmar
Need help with writing a Bio for lenders as well as investors
Hello BP Friends, I started investing in real estate in 2011 but became active since last year. I have become mostly full-time Real Estate investor now. I have 3 SFRs in mid-west and acquired a 9-unit in Dec'17 as...
Joseph Varnau
Senior apartment communities
Hi all,I am new to BP in the past few weeks and have been browsing until now. My ultimate goal is to invest in apartment complexes. I want to narrow that down a little bit and am looking for a niche. I was curious ...
Dave Passey
What maintenance costs do you include?
I have recently been seeing this quite a bit more lately and have been debating on how I should approach this in my own investing. I am regularly doing my numbers for maintenance on a deal and have been trying to dete...
Kunal Mishra
Who is a house flipper??
Hello BP friends,I have been flipping homes in Northern NJ for a few years now. Done very quick minor fixes to additions to complete gutt to knock downs.I am sure other flippers have similar experiences, so my questio...