Heath M.
Hiring my underage daughter - paying from business account
My daughter is 11 and I routinely have her with me while I'm stopping by my rental. Problem is I'm running out of ideas on jobs I can say she's hired to do. Looking for ideas and thoughts from anyone who's done it. ...
Lloyd Segal
Economic Update (October 26, 2020)
Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
Benjamin Barredo
IS IT TOO EARLY TO WORRY OR AM I JUST HAVING A ROUGH MORNING????
So, I've been at this DM Campaign for a few weeks and I'm starting to feel like I am in over my head. I have mailed out about 550 mailers and have yet to have gotten a call from one. I am posting on Cragislist every d...
Jason Flint
Opportunity to buy 5 single family home rentals....Good deal?
I just recently joined BP and the information/advice I have seen so far is always very solid, so I thought I would ask your opinions on a opportunity my wife and I have. We currently own 5 single family rentals in th...
Sophie Grizzle
House Hacking My First Investment Property!
Hey Everyone! I'm super excited that 2023 is going to be the year I buy my first investment property. I just relocated to Pensacola, Florida and I'm on the hunt for a deal. I'm planning to use my FHA loan to buy a sma...
Michael Sarrail
Turnkey Properties overpriced?
Can of worms being opened? Yes, I know ... sorry. But I do have what I believe to be a legitimate question and hope to get some honest feedback.Now, I know there are lower cost options on buying rental properties. You...
Chris Johnson
Selling our rehab business as a going concern
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
Scott T.
The Legality of REIs Paying a Finders Fee to a Realtors, etc. ???
Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
Account Closed
What kind of deal do you recommend for a beginner with $10k?
End goal: Accumulate enough revenue-producing assets (i.e. rentals) that I could quit my job (if I wanted to).What kind of deal is practical for me to get into? If I can come up with $10k in cash and have good income ...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...