I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...
Hey Guys. Long time lurker, first time poster. This is defiantly going to vary from person to person, but when did you all feel it was the right time to pursue real estate investing full time, and leave your salaried ...
Hey Everyone,
Quick question from a newbie. I am looking to start doing some real estate investment beginning in the new year. I'm using what's left of 2016 to get everything in order. Ideally I'm looking to start wit...
New BP member, just seeking out any advice on any investors doing their own construction or doing parts of the construction phase on their own. Any pros and cons, is it a waste of time? Of course everyone's projects a...
Hello everyone,I am under contract on the first property that I plan to house hack with renting out to roommates. I am trying to start an LLC and open a business account. Has anyone gone through this process? do you r...
Hello everyone, Does anyone have experience doing business in these states? I'm currently at the juncture where I can either stay in Phoenix area where I live right now, or move to Las Vegas/Summerlin. I've sold my re...
Greetings everyone! Just wanted to send out a "hello" and to say that this is a fantastic community. I am relatively new to the community. Like so many that I see on the site, I am climbing the steep learning curve a...
Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -
I can buy a property that I've leased for the principal balance at time of executi...
Hello BP,During one of my direct mail campaigns( I am a wholesaler) I came across a property that I need some serious advice on. Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one ha...
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...