We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...
Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
Hi! My name is Alejandro and I am excited to get started in real estate investing! I have read a ton of books, have lurked the BiggerPockets forums, and am ready to go out and start applying what I have learned. Event...
I currently own a small plumbing businessI am trying to figure out if I am better off having employees on my payroll or having them on a 1099?we currently work for a big box retailer that pays us on a 1099 my plumbing...
Looking for some first hand advice. I am debating starting a PM company. I self manage my two family and wondering If I could scale It for more cash flow.
What is it really like to run a PM company?
Are you on ca...
Let me preface this with an apology if this is in the wrong forum, but this is the closest I found to be relevant. I have an opportunity to purchase a 55 site RV park that includes a 3/2 SFH where the current owners ...
Hello everyone,I work with a 50% partner (my friend) on real estate deals. We got our first property, a condo, last year for $174K and spent around $12K on renovations, which we did ourselves. We have rented it out fo...
It's been a while since my last post so I thought i'd post an update on how things have been going for me in Kauai. In the last 6 months i've acquired two more short term rentals in the Poipu Beach area and completed...
I have 5 acres pending contract. The seller and I are working the terms. It's either 10k down and 50k balance that she owner finances to myself until I can build a house and sell it or she will do 50k if I can get the...
I read somewhere that when you are remodeling a house to rent that some of the repairs actually can be written off in the year in which the remodel takes places and that it all doesn't have to be included in the cost ...