Greg Rose
Pennsylvania Investment property: Trying to cover our bases
Write your postHello BP community!I am about to embark on my new property journey.We live in California and the property we are interested in is in Pennsylvania.House is $50kTwo residential units with each bringing in...
George Frye
Note Evaluation
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
Michael McKenzie
My Friend wants a 30% Return How to calculate
Hey BP my friend wants to help with a rehab flip that cost 15K he said he is willing to put in 10K but he wants a 30% return back on his 10K. The ARV for home is 120k The price I got for home is 80K Repairs 15KMy budd...
Muhammad Gumanneh
How to pay out private lender returns
How do you payout returns annually for private money lenders, example I work with hard money lenders to fund my flips and cover the balance with private money, I have some who gave me 10k , 20k So what percentage shou...
TJ Woolum
Owner Draw - Corporate Veil
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Tony Gunter
Discount Solo 401K. Com
Has anyone worked with these guys?
I want to roll over a 401k etc., but have not been able to find much on them in the way of reviews. They are BBB accredited, but with only one review. Other than this, info is pret...
Jessica Flint
calculating vacation rentals
I'm thinking of trying my hand at vacation rentals but I don't know how to even begin calculating for cash flow, ROI, etc. How to know if the home will be a good deal. I've done it many times for SFH and MFH but nev...
Tomas Satas
S Corp question for flipping houses
So I am thinking of starting an S Corp to take advantage to the tax savings while flipping houses.Has anybody run into an issue buying properties from either online or live auctions as an S Corp?Also is all the extra ...
Calvin L.
How to swap ownership with a sibling?
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Lexi Teifke
Real Estate Statement that I love. Simple but wise.
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...