Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The short answer is: file form 1099-NEC.
Joe McLaughlin
STR Furnishing Checklist
4 February 2025 | 7 replies
I think the easiest way is just to set up an excel file for the property and put together a punch list, room by room.
Kwanza P.
Turn concrete stairs into a driveway and ADU ramp
29 January 2025 | 2 replies
It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.
Jennifer Turner
How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
They hold title, and the mortgage and promissory note were attorney drafted and filed at our local county.
Fabriel Ebel
Multi Family to Condo Conversion in Beverly Hills, CA
29 January 2025 | 1 reply
Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.
Akintunde Aboaba
Seeking Advice on Starting Real Estate Investment in 2025
22 January 2025 | 3 replies
With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved.
Gregory Whitmyer
Choosing the Right Private Money Lender: Key Factors to Consider
23 January 2025 | 2 replies
Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.
Will F.
LLC for flipping or Peronist name w more insurance ($800 LLC fee in CA)
3 February 2025 | 3 replies
I do sole prop schedule C, as it turns out (for me) all the doing around with corps, filings and liabilities I was just wasting time and money.
Ben Fernandez
Renovating in York, PA
5 February 2025 | 1 reply
Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 Purchased off-market from a tired landlord, this fix-and-flip involved renovating a distressed property with outdated features and deferred maintenance.
Ben Fernandez
Renovating in York, PA
5 February 2025 | 0 replies
Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 A fix-and-flip project purchased off-market from a tired landlord involved buying a distressed property with significant deferred maintenance.