Ben Skove
S-Corporation Compensation vs. Flow-Through Income
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
John Underwood
Should rent be canceled because of the coronavirus?
Good article.Talks about Pros and Cons and discussed the Landlord side of this too.Should rent be canceled because of the coronavirus?https://news.yahoo.com/should-rent-be-canceled-because-of-the-coronavirus-204910688...
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Quick Realtor Question?!?
Is it ok to work directly with the Realtor who is selling an REO property and have them pull the comps on it, or is it better to work with a different realtor so they are not "biased"? Or does this not matter because...
Theo Carrazco
Eviction versus Foreclosure, which is worse?
Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications, and explicitly said...
Account Closed
Ever Witnessed a Wholesaler being ABUSED by Cash Buyers?
This week in Atlanta, my partner and I closed a $45,000 assignment on a wholesale deal.This deal was brought to us by a newer wholesaler who was hoping to make a few $G's on the deal. In fact, he would have been thri...
Jaylen Boswell
Why I are a lot of people against wholesaling?
It seems like so many people (mainly agents) are against wholesaling. Everyone is demanding regulation and licensing for which I believe is the right call! What upsets me is wholesalers are just middle men the outsour...
Kevin Feng
Is it normal for property management to hold a minimum?
I use Crestcore in Memphis, TN. Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs. At least that's what they claim as the purpose. I am n...
Danny Greene
Wholesaling - what a bunch of scammers
I recently got turned on to the concept of real estate wholesaling- and wow never have a encountered a bigger bunch of scoundrels. Everyone person in this so called business is a self proclaimed ‘guru’ trying to sell ...
Akshar Deri
Looking to buy STR in Mexico
I am looking to buy STR in Mexico and I heard you cannot buy properties 54 miles from the coast. In that case, would you buy something on the beach for STR? Has anyone figured out logistics such as cleaning/maintainin...
Kenneth Garrett
Do you accept Section 8 Tenants
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...