Jimmy H.
Steps to Properly Form and Maintain a LLC
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
Adam Craig
Am I paying my project manager too much?
Am I paying my project manager too much? I feel like I am paying him fairly but my family and friends cant believe I am paying a handyman about 75K a year or $1500/week - (PS we are in Cleveland market so 75K is a goo...
Account Closed
Liquidated Damages For Delay in Construction? Who uses this?
Hi Everyone - I'm about to start a new flip and we are trying a new general contractor. It is a fairly large job according to my standards (over $90,000).We are in the midst of getting the contractor agreement in plac...
Bryan Hancock
A Hilarious Animated Take On The Federal Reserve
I thought some of you may enjoy this:
Animated Take On The Federal Reserve
What is sad is that Fed policy is funny now...good times!
Brandon M.
Who do you issue 1099s to?
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
Megan Greathouse
Unit Needs Renovation -- kick out the tenant or let them stay??
Hello, fellow landlords! I bought a duplex in October that needed work. I inherited a tenant on one side and the other was vacant, so I went to work fixing and updating the vacant unit. It's now complete, and I was ab...
Chuck Prime
The "And/or Nominee" Catch-22
I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...
Cole Agner
Strategy for a Corporate Paid 27-Year Old (HELP)
Any and all suggestions are welcome, but please don't be an asshat and troll my post, because I'm looking for some real advice...
I'm 27, live in Tampa, FL, have a great corporate paying job that earns about $100k/ye...
James Davidson
401k withdraw & the Coronavirus
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...
Nathan Gesner
Have you every been sued as a Landlord?
So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...