Joshua Dorkin
Bush Proposes Stimulus Package of 1% of GDP - Thoughts
President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...
David Sanford
How does Repeat in BRRRR work?
Hey guys. I'm currently in the process of closing on a house I plan to flip. Purchase price of $80,000. Needs about $20,000 in renovation and then will sell for approx $135,000. How can I roll over the profit from thi...
Cory Carrigan
Tax hit when selling your own investment property as a real estate agent
Does anyone know the tax implications when selling your own investment property when you are a real estate agent? I always thought it was just long term capital gains but I was told recently that since my wife and I ...
Tyler W.
Florida wholesaling question
What kind of business license requirements are there to wholesale real estate in Florida? Thank you.
Errol Alexander Dowis
Scaling Rental Properties
Hi everyone, I am new to the forum and to investing (I am currently working on my first deal) and I have set myself a goal. I want to have an annual income of 500,000 by 2030. Now I have the advantage of having a pret...
James H.
Are car loans really that bad?
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
Adam M.
What exactly is meant by "the promote"?
Howdy BP,Was speaking with a fellow sponsor who operates all over Texas' primary markets.There is a deal we were looking at collaborating on and he mentioned we could receive a portion of the "promote". I have done a ...
Justin Green
Creative Financing
Question for the BP forum? What do you do when you are tapped out of liquid cast to jump on a deal? This is for general knowledge and also evaluating my situation question. Say you have a seller that wants out complet...
Frank Adams
Taking one back in TX
Wow, it's been a year since I was on BP, good to be back. I've been enjoying my retirement in CO but haven't found any deals here, but I have a chance to get one of my flips in TX back, if I want it. Here's the scenar...
Chris Stratton
1031 Exchange - DST?
Hi - we're getting ready to "push the button" with Kay Properties on a 1031 finance purchase of a $100,000 offering. Still doing a little Due Diligence. This will be a first DST purchase for us, and the 3rd time invo...