Hello,

What are all my flippers out there using as their entity for flips? S-Corp or an LLC?

Can you list the pro and cons of each for this specific application (flipping)?

I have heard S-Corp you can potentially ...

For a particular lender that I'm working with, they are requiring me to pay rehab funds at closing so that there's a better paper trail of the funds. However, my current issue is figuring out how to disperse the funds...

Hi,I recently inherited a free and clear 3/2 sfh along with my siblings. They are pushing a sale but I would like to use it as rental property. Is it a good idea to use hard money to buy them out and use for repairs? ...

I am reviewing my insurance costs in Philly for SFH. Rates appear to be going up. Seeking recommendations for insurance companies and/or agents that handle Philly. I need policies for vacant lots, vacant properties un...

Hey guys, My property manager retired to spend more time with his grand kids in another warmer state (he was also investor himself). I found a good PM company who is reputable and so far I had no issues-however they m...

I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...

Hello,I am looking to start flipping homes and adding rental properties in the near future. I will be working with a hard money lender who requires and LLC or Corp. After reading about LLC's I'm a little confused abou...

Hi Everyone-I have just accepted my first tenant in my new rental property. I will be collecting a deposit to hold. Where should I put that money? I plan on making it her security deposit if all goes well, but before ...

REALLY?!!!!!  This is what I tell myself after sending initial deal info to a "buyer" and when I ask for the POF or Pre-Qual, CRICKETS...... You guys ought to be ashamed of yourselves.  To all of the TK's out there, l...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Providence.

Purchase price: $251,000

Cash invested: $5,000

home prices rising but loved the multi, using as primary reside...