Hi BP Community,I’ve recently been learning lots about land Investing and I was wondering if there are many other land investors here in the BP community. Does anyone else invest in vacant land flipping? If so, is any...
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
I'm in a particularly dramatic situation to say the least. Against my better judgement, I allowed my brother in law to move in from out of state with my wife and I. He agreed and was expected to get a job and begin pa...
How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
Can someone please help me understand the the reason why these low cost properties are so popular?
It seems that many people are purchasing these low cost properties that generate a net positive cash flow of about $...
We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...
I am a newbie in this business and I have been looking for a mentor/coach to guide me and help me navigate the rough waters of Los Angeles real estate. I had a VERY interesting 60 minute conversation with Brian Gibbo...
Tenants moved in and in first month called me to complain about the air conditioner. I sent out the AC guy and he repaired it. Second month the tenants call the AC guy directly and he goes there and repairs it and the...
Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...
I just received a quote from my AC company, these are the two options we received:
Option #1: For a 2-stage Rheem heat pump system the total price will be $8,340.00.
Option #2: For a single stage Tempstar heat pump ...