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I am searching for my first rental property to purchase. While searching on redfin, i spotted a rent ready 2 flat that has 3 beds, 1 bath in each, listed at $169,900. The problem is that it has been on the market for ...
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Just curious what other landlords out there are paying for their CPA every year. I file under an S corp with about 23 doors and a flip or two a year with only meeting with my CPA once a year. His charge seems to go ...
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It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for pro...
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I recently closed a deal using 1031 exchange. I was wondering when it comes time to sale how is the IRS notified? It's not like there is a tax lien on the property is there?
If the 1031 originated in a state with in...
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Hey BP Fam!
Warren Buffet recently did an interview (seen here) in which he gave this interesting quote: ""Apartment buildings are another asset that Buffett wouldn’t mind owning at the right price.“[If] you offer ...
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Hello all, I need your advice. I am in the process of purchasing my 3rd investment property. This will be a single family home for our son to rent from us. We are under contract and in our 10 day inspection period...
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A quick question for working agents. I am currently a remodeling contractor in California. I am thinking about starting a handyman division of my company to handle smaller projects. As an agent, would a honest, reliab...
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I understand that short term rental insurance is expensive, but I received 2 quotes, one from our regular insurance company being about 5000 dollars and other from Foremost being about >$10,000. I literally have s...
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I am about to flip our first house and am going to get bids from contractors for the renovation. So my question is, do I tell the contractor that my intention is to flip the house or should I not give any reason at al...
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Hi everybody, Im currently in a position to buy my 2nd house. I live in Seattle and will not be able to buy anything here or in the surrounding areas due to the market and high prices.This leads me down the path of ou...