Joshua Brito
Advice on partnership for house flipping.
Hello,
I have a question pertaining to partnering up with another Investor to do a house flip. My question is I'm new to this and the partner i am going in on this with is well experienced. We plan to go in on half ...
Raul Otano
Is this a SAFE / VALID wholesale contract for FL?
Standard Purchase and Sale Agreement This agreement is made this ________day of _____________________, 20______ between Seller(s)_______________________________________________________ and Buyer(s)____________________...
David Thomas
Earnest Money Question/Suggestion
Looking for thoughts, experiences or suggestions:
First time investing in a neighboring state. Put 10k EM down on a single family home with intent to use as a STVR. 21 day financing contingency. EM went hard on co...
Yehoshua S.
tracking income and expenses
is there a good (free?) tool to track monthly maintenance, repairs, management costs and rental income?
K. Mitchell
Property management co in self-directed IRA
Anyone know if it is possible to run a property management company from inside a self-directed IRA? For example, say I roll over $1K to a separate self-directed IRA. Then I have it start a C corp property management...
Curtis Mears
Can I Loan Money to Father in Law under Dodd Frank Rules
I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...
Kevin Patterson
Question(s) regarding Cap rate
I'm still new to the real estate investing game and in my studies I have recently come across cap rates. While I understand the basic idea of a cap rate and how it is calculated, I'm a little confused on how to read t...
Katie Neason
I need advice on solving a foundation issue
I have a rehab and flip property under contract. Nice house in a good neighborhood. The issue/potential opportunity: the house clearly has a foundation issue. I am not afraid of foundation issues and have rehabbed hou...
Ricky Stafford
What should I use as my cost basis? Inherited rental property...
Parents built a house in the 80s and just built as they went - no record of what they paid. Parents deeded over property my sister and I in 2013. I renovated and started renting out 33% of the house in 2014. I have th...
Allen L.
What is the deal with 1099-NEC, rentals, and ICs?
I work with a few independent contractors on rehab projects. These ICs are either sole proprietors or work in their sole member LLC. I started reading into 1099-NEC and from posts on BP and elsewhere it sounds like I ...