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I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
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Hello BP Community! A close friend told me to check out the BP podcast. I listened to over 10 episodes on a drive from my home in Columbus, Ohio to Connecticut and back. I've had a desire to get into flipping for...
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I was not sure where to post this. Is anyone investing in Opportunity Zones either directly or through a platform? If so, what strategies are people working on, and if you are using a platform, which platform is loo...
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Hello, I am planning to purchase a few houses in my area by wholesaling them myself, rehab (with contractors) and then renting them out (through a property management company). The main reason I am looking at wholesa...
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I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
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Hey Guys,
I had a question that I was hoping that someone can answer. My brother and I have a townhome together as an investment property (in Tampa, FL). My brother wants out of the property. I do not want to sell. M...
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Evening all,
Im at what i think is a huge decision point and need a little help. Just some quick background... Im a Young military invest with three properties under my belt and a strong appetite for risk.
...
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Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
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I'm obviously a super newbie, just thinking through options to get started. My husband and I have a ton of equity in our home that could be a line of credit towards upgrades, however wondering about putting it towards...
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I am trying to find a study with data on the operating expense ratio for residential real estate, and hopefully something that applies to my area. I want to use the data to prove this ratio to my real estate agent. He...