I would imagine having an experienced and successful person mentoring or guiding you when first starting out is a major plus. Just curious to see how many people actually had a mentor and how significant having one vs...
I understand the difference between the both of them.While I am not the most experienced in the world, I do have some experience. I own a few rentals that are cash flowing. I have flipped a few and made a moderate p...
I am working on a house flipping deal, where I am putting sweat equity as an architect and construction manager, and investor is putting his money. We talked about 60-40 profit sharing where 60 is his. But he likes...
Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...
I did some research on avoiding foreclosure for mortgage borrower and didn't find that much about the period that lender usually agree when borrower and lender enter into forbearance agreement. I understand there are ...
Hello,
My co-worker brother and wife passed away in car accident leaving a baby behind. His brother had a trust which give one of the grandparent custodian to manage there boy assets until age of 18. They are wonderi...
Hi BP Team,Hoping there is a tax professional out there that can address my question. I recently realized a significant 1231 loss. I understand there is a 5 year carry over on this so if i realize any gains those ga...
Who knows, this may not be possible, though wondering if there is an online resource or dialog available to help vet potential tenants though direct landlord experience reporting. For example, if you have a tenant pr...
Hey there BP community. I've reached out on the forums a couple of times and when I get a response I also get a comment on my musical career. As I have listed in my profile, I am an orchestral musician and still perfo...
CA may have dropped out of first place in foreclosures according to our local paper. The Homeowner Bill of Rights, which took effect on january 1, may be partially responsible. BP investors are out on the cutting ed...