Courtney Nguyen
Is there any limits to sending money out of the US?
Hi all,Does anyone know what is the maximum amount we can transfer out of the US? Do we need to report it? Do we have to pay tax on it?Thanks.
Tam Nguyen
How to Fund LLCs
I'm looking to best understand the best way to fund an LLC. I did an initial seed fund but not a lot of money (just enough to open up some bank accounts). Eventually, I would like to build up the LLC business profil...
Account Closed
Is your deal on a city sewer system or a septic system? It makes a huge difference
On my previous post, I put up a short video on how a well system works.
Another major consideration for any deal you are working on is whether the property is hooked up to a city sewer system or a septic syst...
Keith Tarasiewicz
Additional metrics/calculations to qualify rental properties
Hello!Other than cap rate and cash flow, what other metrics/calculations do investors use to determine whether or not a property would make a good rental? Specifically single family, assuming the property fits their b...
Qina Cai
Does California require HOA to do sprinkler inspection?
The insurance company required me to provide sprinkler inspection certificate so that I can get discount for my condo's HO6 insurance.The last time our HOA conducted sprinkler inspection was 2017, which is not accepta...
Account Closed
Post Card Mailing- How Many Addresses and Frequency, and Any Success?
Hello Friends,
Does anyone do post card mailing, and what is your response rate?
For your absentee owners list, how many addresses do you hit per mailing?
What is the frequency you mail? (Once a m...
Bang Tran
2014 tax for flips
Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...
Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Charlie Jones
Niche and Strategy
Hello all, I am new to RI and I am well into the 7 Steps of Getting into RI. I have increased my knowledge base exponentially since I've begun. I have learned many different strategies and I am trying to nail down ...
Robert Bowker
Direct mailers for Real estate Agents?
Looking to using @jerrypuckets service seems that he Has great reviews on BP. Are there any agents out there that have used his service and seen any success? Thanks for the feedback.