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We have clients doing anywhere from 2-11 flips just this month. Some are receipt based and some draw schedule. One couple expects to make 500k in the next 12 months.All of our clients understand leverage and how to us...
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I am planning to have my attorney draft a contract for my contractors to sign. What specifics should I include in this contract? (Liens, draws based on completed work only, properly insured, etc…)Thanks!
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Hi,
My wife and I both have a W2 job and purchased a vacation home in big bear, CA in late 2022 that is being used as a short term rental. I am looking for a CPA that knows the STR Loophole and can help us with offse...
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Hello BP, What kind of document would you create to show banks/lenders/potential investors your business plan in order to better secure funding? Examples would be much appreciated. Thanks
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I am based out of Wisconsin and have recently started to invest into realestate. Seeing as how I have background in construction, I obtained my pre-dwelling contractor license and am looking to get fully licensed in a...
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I am currently a teacher at a public school in the Bay Area. After listening to many episodes of the Biggerpockets podcasts, I have been very interested in pursuing real estate investing along side continuing to teac...
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So I'm a contractor/investor from south jersey. Although I invest in real estate I own a construction company which I primary work in the field daily. I have a job coming up for a homeowner who wants to take advantage...
I acquired a couple of rentals and have a Retail business. Pretty simple. I'd like to have a CPA in Los Angeles county that is familiar with real estate investing (and all the tax deductions and benefits that come wi...
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Hi everyone,
I have gained a ton of wisdom from this website about renting out our first home and wanted to check in again and introduce myself because I know I will have a lot more questions going forward.
My name ...
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After talking to many investors, homeowners and flippers as well as customers that I have serviced over the years I wanted to share a view from a contractor on some of the issues I have heard that were concerns.First ...