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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...
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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...
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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)?
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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 $...
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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...
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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...
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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...
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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 ...
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I have been trying to research the least expensive way to keep my records until I build my real estate rentals more. I tried to set up quickbooks online, but without paying $720 a year for the ability to do class tra...