Jen H.
Construction Project Management-Flippers Cancel last minute
Hi All,
I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...
Mark Updegraff
Investor Payroll, who's in your wallet?
I thought it would be nice to hear from other investors about how their payroll came to be, and what positions are on it.
If you could rank your employees in order of importance and put a brief description of their d...
Jason Pelch
When do we talk with all the suits?
Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Amy Hu
Terrible PM and contractors-cautions out of state investors
A word to fellow investors from both coasts- too many liars and blood suckers waiting for opportunity to rip you off. If you're a working professional and haven't seen the ugly side of greed , traps, lying, betrayal e...
Louie Pullen
Friend netted $3m , looking to deploy newfound wealth into RE
Hi, A very close friend of mine has just sold his business and will net $3,000,000He is very eager to put his new found wealth into real estate. Having read books and listened to podcasts he feels multi-family is whe...
Bill Gulley
TEA PARTY COMPROMISE?
Just heard some "official" of the Tea Party bunch saying that they were responsible for the cleaning of the house and that the Republicans will need go along with them!
She was saying there would be no compromise to ...
