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All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...
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I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
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Hi all,I am new to multi family investing, only having just recently went into a MFR deal with a business partner to make a very, very, measly positive cash flow per month on a duplex. With that being said, is anyone ...
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Hello all! I was just thinking before I go to a new small bank and inquire about financing and opening new accounts, how important are the clothes I wear? Let me tell you about my everyday work attire, I’m blue collar...
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Where are all these wholesalers with all these deals? I've been contacted by several wholesalers, but when I ask for deals, crickets chirp. Sounds like big talk, no action.
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Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
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It seems like starting out is probably the toughest part of REI. So many fail to ever follow through with their plans.
I wanna hear about your very first deal no matter how big or small, good or bad. Go into as much ...
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I had a rental house in Kansas City come vacant in January and hired a handyman ..in process of trying to become a contractor (he had recently formed an LLC company)... to replace some tiles and paint...simple job and...
Question is pretty self-explanatory. I am currently studying for my bachelors at a mediocre school in Finance but I feel the industry isn't very lucrative (at least early on). I am trying to find a career that has the...