Some context…
Small multi-family building (4 units) self managed. One of the upper units went vacant and needed an update (flooring, paint, etc.). Power tool work began no earlier than 9:30am and finished no later ...
I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?
I currently own and opperate a small vendin...
Harvey damaged 203,000 homes in Houston - at least that's the number I read this morning. I'm sure it's going to go up. I read 90% of homes destroyed did not have flood insurance.Irma looks to be headed to Florida. Sh...
Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
I have a background in architecture and a real interest in design. My dream is to flip houses, but I want them to be unique and thoughtfully designed. I love the idea of making something better. I watch all the flippi...
Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...