Bryan Hancock
Excess Loans Over Basis Tax Treatment For Wrap Sales
Okay...So I have been studying this problem for years since I started doing sub-to purchases/wrap sales and it gets more confusing every time I look at it. I was hoping one of the tax wizards on the board could expla...
Alex F.
Some questions from a newbie
I am the owner of a growing company and sick of paying rent and we are looking at buying a building for around 1M. I am also interested in learning about commercial real estate and becoming an investor in that arena....
Cameron Chambers
BRRR strategy, explain?
I have an idea of the brrrr strategy, but can someone please explain it with detail? I’m looking to fully understand the method.Thank you!
David Ptak
Remote keyless entry system for check in
Hi folks. I’m wondering if anyone has any experience / recommendations for a door entry system where a guest can have a key code issued at check in that lasts the duration of their stay and then expires. So it would h...
Bryce Davis
Hourly Rate vs Per Job Rate
I am in the process of hiring my own team. I used to have GC's or subs quote per job but I would thought I could save some money by paying a crew a hourly rate.
Example:
2 Do Everything Employees
...
Mark Gaskins
Turns out to be a tear down house
Last week, we had the highest bid on a house in GA...offer was As-Is no contingency because our agent and the wholesaler and a GC (who turned out to be staged by the wholesaler) said the house needed $20K in work...I ...
Mack Bailey
Real estate investing on a $15,000 annual income
To preface: I am making this post for many reasons, one of them being that I want to have a landmark post to look back on in the future. The other reasons are to get out my plan and largely to receive support and crit...
Greg R.
Airbnb guestsI violating rules and keep bringing visitors
BP community, I'm in need of advice from seasoned STR property managers. I have been in the STR game for about 3 years now. Just recently I acquired another STR, this one out of state from where I live.The property I'...
Andrew Taylor
Walk me through income & tax implications
My wife and I are closing in on our first multifamily property, and I'm really enjoying daydreaming about all the positive cash flow and how I'm going to enjoy it. (Don't anybody burst my bubble.)I'm curious about a c...
Cameron C.
Lying About Primary Residence for a Refinance
BP,I have a situation I want to run by you to A) see if I'm doing anything wrong and B) understand if I should've taken action earlier...January 2017 - I purchased a home in Pittsburgh with a 5% conventional loan as m...