I have read many books, gone to workshops, and listened to people at the top of their game in a variety of industries. What I learned is that though a process can be individual, there are principles anyone can follow ...
Hi BP community. I am interested in making an offer on a lot of land. The land is currently zoned for Residential usage though the lot currently has tennis and basketball courts on the land that are set aside as Recre...
A local business buddy of mine and I have been trying to narrow down the MSAs we are focusing on in the twin cities. Last week we got on google hangout and "mapped" the different neighborhoods by their general class. ...
A duplex in Cleveland asking 65k, rent for 500 each, fent nonth by month, fixer, allowing to see the units only after offer accepted.How can i offer if i don't know the rehab estimate and the ARV? Maybe i can figure o...
After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
I know you shouldn't rent to friends and families but has anyone had any success stories? I have a friend, has a good job/income and by qualifies with our standards. Just wondering if anyone had any positive experienc...
Hello BP Community! I am currently in my first month of being a licensed realtor. Before now I have been wholesaling for around 8 months. I am very excited to dive into agency and gain as much momentum as possible. I ...
Hey all, looking for creative ways to increase cash flow while still providing a great rental to tenants. Renting to travel nurses isn’t a new strategy but I’m curious what everyone’s experience has been doing this st...
Hi,
I have a consulting business (professional Corp). I pay $600 to lease my office. It turns out that it is common practice to sublease other days to offset my lease. I sublease at $250/day in this market. So I ca...
I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing. Further, I realized how confusing the different terms are for the various ...