Jason Ballesteros
Flipping homes through an S-corp??
Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...
Khoa Ha
Zillow 1st Home under their new initiative. What do you think?
Hi BP,So Zillow have finally entered the buying and selling property business. Here is an article briefly describing how the experience was for Zillow and the home seller: https://www.geekwire.com/2018/inside-look-zil...
NA Nicholas
Securities-based Financing Options for Real Estate Investors
Any lending program involving the transfer of title/ownership of your securities to any third party as a condition for funding, is by definition exceptionally risky and according to IRS rulings in 2010 and subsequent ...
George Lynch
Using Securities Backed Line of Credit for liquidity
I want to make some more deals. I have a taxable investment account that I could borrow against in a Securities Backed Line of Credit or Margin Loan. I would only borrow 30% of investments in this volatile market. I s...
Shane Klasnimi
Sell Strategy on Multiple Properties
Hi everyone, I currently am in the process of selling a few of my rental properties in LA located in a PUD. Originally I had planned to remodel and sell them off to capitalize on the market, but with rising rehab ...
Annie Johnson
Strong Areas for Flipping
Hi Everyone. I hope everyone is having a great Tuesday. I wanted to ask where people have been having the best luck lately with flips in the area from Miami up to Port Saint Lucie. I am thinking about Pompano or Port ...
Ace Kaspar
My thoughts on the latest episode of On the Market
Hi all!I always love listening to the different podcasts that are made by people in the BiggerPockets community such as this one, Wiire, BiggerPockets Money Podcast and more.
As a native from the Raleigh, Durham area...
Bob Foglia
Medium-term vs. long-term and furnished vs. not?
I will be moving out of state but would like to keep my primary residence as a rental. I was contemplating leaving all the furniture and setting up a "room share" medium-term rental over a traditional lease agreement....
JD Castillo
The days of buying property in DFW for 65-70% minus repairs are over. What percentage are investors buying throughout the Metroplex?
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
Garrett Culpepper
Hard money lenders and COVID restrictions
Good afternoon, I was in the middle of two new builds in the Philly market when COVID hit. Construction was closed down for two months due to a city mandate that ate up two months of my twelve-month loan with one of m...