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Ok so I have a more practical question about how the deal is actually set up. I have a partner I want to invest with. What's the best way to buy/set up the deal. Assuming 50/50 cash contribution and split of profits/l...
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I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...
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Hi All,As I'm out here making offers and ordering inspection reports for buy and hold strategy, investing for cash flow, what are some deal breakers in the inspection report. What types of things would you walk away f...
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What is a reasonable rate of return to offer for a private money loan?
I recently bought a short sale rental house that has some rooms with the floor 1-3 inches higher. For example, the kitchen floor is 3 inches higher than the floor of the living room. The living room and kitchen are ...
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Hey BP!I have a question I'm noodling over, and wanted to see what you think.Do you ever walk away from a deal that you believe you can BRRRR? I'm looking at an REO in Indianapolis, in a solid C-area, that would likel...
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In the portland metro area, like most areas now, are low cap rates, near 4.5%. Mathematically it doesn't make sense to invest, however I am comfortable in this market and I know it very well. I'd be nervous dumping se...
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If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
I'm a Bay Area investor but am bullish on Colorado Springs for a number of reasons and researching the market for potential investment. I'm primarily focused on long-term, buy and hold, cash flow investing preferabl...
Hi,
I have been working for the past 5 years to purchase my first deal. I have been paying debt, saving money for DP and CC. I live in Orlando and I am having difficulties finding a quad for less than $665,000 that ...