I hope you don’t have friction with your partner because the money got ahead of the work.I’ve had some success hiring workers for the day at the prices the gcs pay them $100-200 but have had my fair share of misses here too.

It is a sure thing that you will have success simply based on your introspection!

It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions. 

Sometimes tapping into that equity for a strategic reinvestment can pay off big.How do you feel about your portfolio’s performance overall?

Investor savvy agents are few and far between so take the time to find the right one - you are not looking for your forever home and simply giving the agent a list of homes you want to look at which is what most agents do anymore. 

As a powerful organization, I would like to see Bigger Pockets become a leader in not simply educating real estate investors but leading the way in warning investors about the real estate guru pitfalls.  

The list comes out at least 30 days before the sale and the owners have opportunities to pay off the debt anytime in those 30 days. 

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

Now, you need to figure out how to find deals and pay for them.

Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.