Flavio Garcia
Finally pulling the trigger after years of wantrepreneurship
Good evening everyone after years of wanting to pursue real estate as an investment vehicle I’m finally in a position to do so. My journey began in 2014 shortly after joining the military when I stumbled upon BiggerPo...
Margaret Buoncora
Would you replace septic?
Would you replace a current functioning 1000 gal septic tank to a 1250 gal tank in order to list my flip as a 4 bedroom as opposed to a 3 bedroom. My local county requires a 1250 tank to accommodate a 4 bedroom house....
Clint G.
Comprehensive spreadsheet for house flipping
Hello!I'm looking for a comprehensive spreadsheet that includes all cost associated with the flip and bottom line profit. Not only rehab cost but holdover, closing, etc. Something that can give a solid snapshot of the...
Chris Magistrado
Start with Buyer list or Seller list?
Hey BP!Should I find a few buyers before I go out trying to find sellers, or should I start with sellers, then look for sellers directly or bring it to other wholesalers?I think it makes most sense to create a buyer's...
Randall Hozi
Solar Panels on empty lot
Hello everyone my name is Rand.I currently own a 1.5 Acre empty commercial lot in SoCal and was approached with the idea of utilizing it with solar panels (selling power to Edison?) and I'm thinking of taking it into...
Account Closed
FIrst-Time Financing Question
OK so looking to go ahead soon with my first residential property acquisition.
Going after a buy-and-hold strategy here.
A) I won't be qualifying for a bank loan until I can get 2 years income on the bo...
Phillip Scalise
Self Directed IRA or Withdrawal my money?
I have a Roth IRA, and was thinking of taking it out this year to avoid the penalty (CARES act) and incest into rental properties. I plan to then scale up using 10-31 exchanges to defer the capital gains taxes. I know...
Andrew Yu
Looking For Bookkeeper & CPA
I'm looking for a good bookkeeper and CPA that are familiar with how seller finance works. Over the past few months, bookkeeping has taken up a lot of my time. I would like to outsource that. The bookkeeper would need...
David Holland
Baltimore city rental in S-corp or LLC
Can anyone explain why I would hold a rental in Baltimore City in a LLC as opposed to an S-corp? I was told at the local REIA not to use a S-corp. I'm paying cash for the property but may do cash out refi next year to...
Scott Duerk
Roadblock on my offer Common or unique?
I placed an offer for my first deal today and the buyer is not willing to accept the contract as contingent on the appraisal by the bank (my source of financing). Is this common or unique?