Hi everyone, this is my first post on the forum. I hope this is going in the right category.I purchased my first SFH 2 years ago. The house is a nice brick 3 bedroom 1 bathroom on a large corner double lot with a part...

I'm a Licenced general contractor in the Seattle area.  (Self employed). I have been remodeling flips for investors for quite some time now.  But i don't see any of the profits at the end of the deal.  The last flip I...

Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...

I'm partnering on my first flip with an experienced investor. I'm providing capital in exchange for percentage of sale profit. Following the sale, I should net somewhere around $20,000. I need to know, if he reports t...

Here's the situation and I need advice to bring to the table within the next few days.  Myself, my brother and my father in-law have decided to form an LLC and flip houses.  why?  I have a full time job but a lot of f...

I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...

I have an OCD personality. In addition, sometimes the shiny object syndrome is very much in effect when I come across a new business idea or real estate strategy. But in 2017, I made a commitment to focus. I did relat...

Hello All,
I’ve been very quiet here on BP as I didn’t feel it appropriate to post much since I was only starting out. Now that I’ve fully completed my first flip, I wanted to share the details in the hopes I can ge...

So I stumbled across this ad in the marketplace and was wondering if other investors can legally post things like this. Isn’t this an illegal way to crowdfund? They’re not supposed to guarantee and ROI are they?

INV...

I was surprised to find out that in addition to filing state and federal income taxes, many areas where people invest in rental property have local income tax requirements for NET PROFITS made on rental property.  
M...