Richard McDonald
Realtor or no realtor?
I am nearing the end of a sfr flip. The home will be high quality for the market/price range. Homes are moving fast, and finding a buyer should be easy. However, I'm considering bringing in the best realtor available,...
Danielle D.
Do I have to be taxed as an SCorp?
Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips. To clarify, I have a multiple member LLC (me and my husband). In that LLC, I make some private...
Kimberley Keller
Has anyone had much success flipping forclosures?
Seeing it both ways. A bank doesn’t want to hold on to a house. At the same time are they gonna be willing to sell it to you at a price that makes it worth while for you as the investor.
Dave Arbaugh
I'm taking steps but need guidance
Hello BP friends!I am hoping you guys can give me some guidance as I am pushing past analysis paralysis and starting to take steps and "learn as I go"Background:I have spent the better part of two years learning as I ...
Shane Elias-Calles
DTI Calculations for New Loan
Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
Gerald Harris
Cash Buyer Postcard
Here is a great tool I have for building a cash buyers list on a wholesale property you have under contract and you want to sell and build a "Real Buyer's List". Below are the steps and an example of the writing you ...
Steve Legnaioli
Rent paid Dec.31 for Jan. Goes on what years taxes
If a renter deposits rent on December 31 to cover rent for January of next year, what year’s taxes will the money land on ?
Chris Clothier
A Tip For Generating Conversations on BiggerPockets Forums
The messaging function on BP is a fantastic way to generate conversations on the BP forums, especially when you are asking questions of other users or answering questions other users have posted. Most users have thei...
Danny Leyva
Should I make a CRM lead for each cold call attempt?
I've been curious about how other wholesale investors go about it when they are cold calling motivated sellers. Lets say you have Podio pulled up on your computer and you cold call 10 different leads. 5 went to voicem...
Hamad Khan
New vinyl flooring at LOWES..
So i came across this new type vinyl flooring at lowes. They call it loose lay.
Basically you simply glue the perimeter for anchor the planks and just drop the rest next to each other.
no click, simple and easy in...