NOTE: I hope this is helpful for how our family has used many of the principles taught here at BP to live the past few years in Washington, DC.------------------------------------By all accounts, Washington, D.C. is o...
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
So I'm doing a lot of research regarding buying notes, haven't bought one yet, but it looks like it could be a bit of fun.
I was checking out some loans on various websites (I'm sure these aren't great deals, same wi...
A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
Hey BP,
I'm new to the development game. With that said, I'm closing on my first 48-unit ground up deal in about a month. We're buying it completely entitled with an approved PUD in place, so we were not involved in...
Hello all. I am about 85% done with my current flip and I am having trouble deciding on whether or not to install new replacement windows. I'd love to hear from all of you on what you think I should do.
Here's a ...
Do you use different business entities to buy/subdivide the land parcel and build new homes on the subdivided lots?
Short form: I suspect my tenants of "faking" water in the master bath / bedroom. We had redone the entire bathroom while living there, and did not notice any water issues. Tenant has been in 2 years with no water issu...
Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
My wife and I are just starting out and trying to determine which niche is going to be the best for us. We eventually plan on moving into apartment complexes down the road but need to establish that road first. I wo...