Joshua Dorkin
Do You Know ALL the Expenses Associated with a House Flip?
One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
Bill Gulley
NON PROFIT HOUSING WITH REVENUES
This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
Greg Scott
Biden Eviction Moratorium
Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
Shiloh Lundahl
Is BUYING in a GOOD SCHOOL DISTRICT even that important anymore?
The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Richard Warren
Money Merge Account?
Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Brian Feltz
Got My First Property Under Contract!
This afternoon I got my first property under contract! My wholesale intentions full disclosed! A fully rented duplex with $1350/mo in rents! Now the fun part, shopping it to my buyers!
Account Closed
When buying rentals - Is Cash flow your only consideration
When purchasing real estate as a rental. Most of us will spend a considerable amount of time to insure that it cash flows. Not so many years ago I ran into investors that paid much less attention to cash flow and th...
Herm M.
Meeting the BPO Agent....
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...