I had a prior CPA set up my LLC and they also made it an s-corp. New CPA is telling me to dissolve it, don't need it, costs me more than it's worth. My own research is leading me to believe I don't want an s-corp tax ...
Hey BP! I could use some advice here to have my SFH not turn into a money pit...Its a 1946 SFH in Tampa, Florida with a detached garage that has plumbing and electric, and was half-baked to a livable unit.Ideally I'd ...
Hi all! Just wondering what your thoughts are on this. Is it doable? Is it adviseable? I'm about to make an offer-in-spirit (nothing written yet) on several properties, and 2 of them have dead-beat tenants. I want to ...
I'm really interested in wholesaling been reading books and doing a lot of searching ,watching videos. I'm a just oil confused about the wholesaling ... Buying low from sellers but my only concern is what if the sell...
Hey everyone.
I have no experience aside from the countless articles I have read online. I'm receiving money that my grandpa had left me in a CD, and I would like to reinvest it. I'm using some of it to elimi...
I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...
I started my STR in Galveston at the end of February this year. I've averaged about 85-90% occupancy so far, and all but one booking has been through AirBnB, the other being VRBO. As we are getting closer to the end...
I'm selling my primary residence with owner financing (bond for title). I still have a mortgage on it of $174,000 plus equity line of $18,000. House $250,000, 2% down, 5 3/4% interest. My personal interest rate is...
This was by far, the strangest and hardest deal yet for me to complete. Seems ironic since its such a small payday.
*No Address yet will add later** Buena Park, CA
ARV - $630-650k
Repairs - $30k
Sold for - $511k
...
I suspect that someday there will be a very compelling Dateline, 20/20 or CNBC expose on Morris Invest. The title will be something along the lines “America’s Second Oldest Profession – Real Estate Schemes: How the p...