Michael Rinaldi
New IRC Sec 199A Tax News - Safe Harbor to Qualify
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
Phil Davis
Plumbing costs...include drain lines and vents?
In putting together a scope of work for a property I am planning to offer on, I am referencing J Scott's "The Book on Estimating Rehab Costs". As it pertains to plumbing, does the $200-$300 per fixture figure in "rep...
Suresh J.
funding rehab of multifamily
My company invested in a multifamily in Memphis, TN, with zero occupancy and in need of major rehab. However we don't have any funds for rehab. What are our alternatives, and what do you think of state/ fed sponsored ...
Kristen Ray
Purchasing older properties as buy and holds
Hello Pros! We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them we...
Thaddeus Scruggs
Low Credit Score/College Debt! Where to begin?
So here is the deal. I was laid off about a year ago and got behind in my college payments and the debt starting pilling up. I am almost caught up on payments but not quite yet. I have been researching real estate inv...
JC Smith
22yo First Time Buyer Multiplex California
Hello everybody, first time poster here, long time lurker.
I am 22 years old and currently in a Sales position at a local dealership pulling around 95-100k a year (2 years on the job). I have saved up around...
Mark McDonnell
Southern New Hampshire Rental LLC
New investor here, looking at investing in rental properties in Southern New Hampshire. In the process of setting up an multi-member LLC in New Hampshire where 1 of the members resides, other members are out of state....
Wesley C.
child labor
I am going to pay my friend's 15 yr old son to do odd jobs on a flip. It will just be things like removing cabinet doors, sanding, changing door knobs, landscaping, cleaning up and all the little tedious time consumi...
Cliff Song
Advice on creating an LLC before first property.
I am just starting out and have yet to purchase my first investment property. I'm just in the research and preparation phase at the moment. Does anyone have any advice on whether an LLC is a must before purchasing you...
Steve Meyers
San Diego Homes Prices & Inventory Supply - January 2022 to January 2023
Hi All,I've been getting a lot of questions regarding the San Diego market in particular and where prices are going etc so I wanted to pull the most recent data to compare last year's January to this one.All propertie...