Nicholas Ball
Determining an appropriate reserve fund based on property age
Hi,I'm looking to properly estimate expenses in my model when searching for deals. I'd like to be able to get a general idea of the expenses before doing further research into the property to determine specifics (like...
Wiley Hood
Are DIY cost segregations a good idea?
Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year. I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership). I enter the informat...
Alejandra Tapia
Tax return for a partnership LLC with no business activity
Do I need to file a tax return for a partnership LLC with no business activity? I’ve heard of a “No/Zero Activity Tax Return” but I want to get some clarification. Much appreciated!
Account Closed
Hard Money Loans vs Private Investors
We are a construction/flipping company on the east coast Virginia area. (Currently averaging 40-50 deals a year). I know, everyone says that they are flipping that many a year, however for the sake of the question le...
Sam Leon
Big box store employees
I was wondering, how does the big box stores like The Home Depot or Lowes hire their "tech" people?I mean, if you work at the plumbing aisle and are giving out advice to DIYers aren't they suppose to have some clue on...
Dallas Kidd
Virtual Tours... Has anyone else seen or done one for a listing?
Hello, I am a Contractor in the Kansas City, Kansas amd Missouri Markets. This is a flip I did for a local investor here in Kansas City near the Plaza, a very hip and always hot neighborhood. I was excited to do this ...
Paul Vail
When HOAs attack -- changing rules and owning rental properties
Hello -- this is my first post on BP. I've just recently begun a real estate investment education, with the plan to partner with more experienced folks in my area to learn. Ultimately, my plan is to go for passive i...
Delatour Zimmer
Have a better fix/flip formula?
Does anyone have a proven formula for figuring net profit from a flip? I have been quoted 68% of ARV, minus rehab costs, for max purchase, but net profit seems over inflated and does not seem to include enough holding...
Rich Hupper
Business Ideas for Brick and Mortar building
Hi
I have a client with a building he owns with no debt on it; looking to start some sort of wholesale business within the space. It is only 2800 SF but has 20 foot high ceilings so I was thinking he could buy in bu...
George Hildebrand
Hello from Clay County Fl
Hello from Clay County.My name is George Hildebrand, I'm a full time firefighter, but I'm trying to learn all I can here to start flipping houses. I'm very experienced in home repairs, re-models, and everything in bet...