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What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...
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Hi All, Going to be starting with some Whole Sale deals here in the coming weeks. After completing some deals, and maybe 8-12 months down the road, I'll be getting into Fix & Flip. The goal is to then Buy and Hold...
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Hello! My husband and I have one SFR under our belts and are in the market for another. We found a great deal in a good area: best schools, upscale part of town, newer and spacier home. But the one downside is that th...
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Can someone share with me their experiences pertaining to balloon loans/terms? This is a new term to me and while I did some research on the subject, I would like some feedback on the pros and cons based off of perso...
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Hello BP community! Currently at 5 properties. Four from moving every year and one from putting 20% down for an investment loan. However, this process is feeling too slow using my own money. Has anyone here created an...
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What do you do when your tenant keeps missing the repairman?? I have a Sears technician who has gone out to my rental TWICE and left a note on the door. My tenant comes up with a million excuses and of course, blames ...
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I am looking for Turn Key Operations in Oregon or in the PNW. So far, I have done only owner occupied purchases, live in them for a year and then rent them out and move on to the next property. I am now wanting to gai...
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Hi all, I have a rental property that I bought in Feb 2024. After rehab, I have been renting it since May 2024. Hence, no tax filing was done for rental income from this property yet. When would be the earliest time I...
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Newbie to the forums, had questions about commercial loans.
For a commercial loans I understand they vary upon what lenders are willing to lend, but are there certain advantages to structuring the loan a certain way...
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Going to try to keep this as brief as possible- I located a great deal: 25 units, NOI is 165K, contract price is $1,250,000. Property is in a B-, C neighborhood and is well maintained and managed with 100% occupancy. ...