John Ma
Career switch to RE professional?
Hey guys, I'd like to get a feeler to see how many RE professionals here came from a different career field.I'm a buy and hold investor for the past few years, for the same amount of time I became an engineer that fun...
Justin R.
What Partnership Problems have You Had? How Did You Resolve?
Wondering what sort of disagreements others have had in JV or LLC Partnerships and how you resolved them. Even when you do your best with operating agreements, proformas, and verbal discussions ... when the project i...
Zhihan Wan
Rent Deduction From House Maintenance
Hello, happy weekend! I thought it would be better to throw a new post here about the rent deduction question. We had an leaking issue in the last post when the previous tenants stayed for their last two weeks. It was...
Benjamin Riehle
Look Who’s Moving to Tucson!
Almost 6,500+ jobs and 8 major companies moving to or growing in Tucson
The secret is out, Tucson is growing and growing fast. Just about everywhere you look there are new developments breaking ground and new annou...
Alan Knight
Single member LLC working with outside investor on per deal bassis
I have co-worker that wants to go in with me on a few small rehab projects and wants to split the profits. He does not want to be a "business partner" he just wants to split profits 50/50 and I 1099 him at the end ...
Katie Sikes
Tax question for wholesaling/flipping and assignment of contracts
My husband and I have a newly established LLC (taxed as an S-Corp as recommended by our CPA). He does a combination of contract assignments and wholesale deals. We are currently doing our first rehab project and ...
Nick Rini
First Time Investor with capital
Hello all. I’m new to investing and to BP. I have a good job and make a high salary. This I have capital to invest in a first or second property but I’m dumb. Given that I have a good salary and don’t need the income ...
Darren Paul
property purchase possible default!? help!
Hi, Looking for some assistance. My wife (US citizen) and I (UK citizen) reside in Qatar (middle east). We started the building process for a new home in tampa, fl. We were granted a mortgage by our lender on three s...
Andy Kelly
Commercial Umbrella Loan Rates
Hey BP, Has anyone found a lender who can lend on a portfolio of properties valued at $1.2m that would land in the 3.5% or below range in today's market (20-30% down, preferably 30 year amortization)? Looking at a p...
Susan Thelen
hat percentage of the proceeds would be fair to pay the contractor.
I have a client looking to partner with a contractor to build 6 SFH's. He expects to put about $4.5M into the project and the homes would sell for around $1.2M. He is wondering what percentage of the proceeds would be...