Ed Chandler
My tax guy messed up. Now what do I do!?!
Hey there BP, I need some advice! After recently reading the book on tax strategies for the savvy real estate investor, I decided to review my past returns. Guess what! My taxes are all messed up! The good news is ...
Deborah Hickman
Using private money question
I want to make sure that I understand figuring private money correctly. Is this example below figured correctly? This is assuming no points etc... I would borrow for up to 6 months on a fix and flip and return the mon...
Jun Wang
Window and French door swap
Hello,
hoping all the contractor on here can give me an insight on this project.
Got a about 8x8 window and a standard patio door.
Looking to take out the window and put in French door and install a windo...
Joseph Conrey
Principle 1: Don't Criticize, Condemn, or Complain
“You’re wrong.” These words will put you at odds with anyone. Try it. It’s a tad unethical but I’m experimenting. Again and again I am amazed at people’s deflation. Their shoulders sag, their tone sharpens, and their ...
Bram Klein
Basic Mobile Home Park Question
Happy Holidays All! Looking to purchase a 1980's to 1990's park with about 15 pads. Walked through the park and most of the units are needing a full rehab. All home are park owned. Water utility is paid for by the ...
Daniella Hernandez
Tenant Deposit. Water Damage. Negligence?
I am a new real estate investor. I just had my first tenants moved out after renting my first unit for 15 months. A few months ago, they reported water damage. By the time I was notified the whole master bedroom lamin...
Bennett Dickerson
A Clarification About Cash on Cash Returns
I am just starting out and one of the first articles I have read in-depth was about cash on cash returns. The concept and calculation makes sense but I have one clarification.I was doing some calculations of my own, u...
Ryan H.
RMD's as Qualifying Income
Hello, I'm beginning to explore purchasing my first property with loan financing. I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...
Taylor Brannen
First Time Purchasing Need Financing Advice
Hi everyone!
How do you go about financing your first property?
I have a solid credit history purchasing cars and such, however, I have never purchased a home. I'm tier 1 credit so that isn't the issue and I have ...
Frank Boenzi
How will your market do in 2019?
Interesting article I came across for West Michigan. What is everyone's prediction for the markets the invest in?https://www.rejournals.com/colliers-forecast-chances-for-recession-in-west-michigan-are-slim-20190204