Jeremy Beland
My First Wholesale Deal – Lessons in Trust and Persistence
In March of 2017, I closed my first real estate wholesale deal. It wasn’t a huge payday—$5,000—but what I gained from the experience was far more valuable than the check.
It started when I got a lead from an older ...
Account Closed
Profits from flipping
Are there any strategies to minimize taxes on the profits from flipping? Also, is it advisable to always purchase in the name of the LLC or is ok to do it on my own name if it is a quick flip? Thanks for your feedback.
Bob Malecki
Chapter 11 question on commercial property note
I'm reviewing a 1st position NPL on a commercial property in WA. Found that there are >$23K in unpaid prop taxes with the county. Called the county and was told that there is a BK filing. Looked up the borrower on ...
Joseph Merkel
Termite Treatment Phoenix Area
I recently discovered termite damage in my 1200sf rental after a long term tenant moved out and hadn't mentioned it. I've received one quote for $1500, and waiting on another. I have no idea what I'm looking for in ...
Kara Matson
Looking to upgrade starter home with minimal resources
I'm a first time homebuyer trying to add multiple touches to my starter home. We have minimal resources as far as money goes, but we have a relatively long list of upgrades (window treatments, hardware, light fixtures...
Brett Jones
"Staging" a rental unit for showings?
Hi there. I recently finished off a rehab that I quickly found a tenant for (at upper market rates). I was showing the home while some of the final work was being completed and in an effort to make things look as nice...
Jeff Simpson
Looking for advice getting rid of smoke smell
Anyone have advice or experience removing heavy smoke smell? (smokers not fire)
Dhiraj Chhabra
1031 : potential primary residence
Question on 1031 exchange. I am a buy and hold investor, have never done 1031 before, so any help is appreciated. I bought this house for primary living: $1m on a traditional feddie/fannie loan, plan was to live in th...
Jonathan Miller
My unique predicament
Hey all,My name is Jon, I've been a member on BP a littler over a year now. I'm reaching out to anyone willing to hear my story and give me sincere advice. A little about me: I've been a full time Realtor for over the...
Joe P.
Can I deduct flea treatment from security deposit?
Recently bought my first rental property in Pennsylvania and sent the tenant a non renewal notice. About 5 days after she vacated I discovered fleas in the apartment. She had a cat which was permitted on the lease. ...