Kyle Spearin
Hidden Costs
What are some of the hidden costs associated with buying and flipping houses?
Vadim Lichtik
Buyer wants release few days before closing
Hello everyone!New to BP forum, heard only the podcasts and seen the webinars up until now. Great info!I'm a flipper in Indianapolis, listed a property after a long rehab (first flip of mine) and got a buyer!Buyer did...
Alex LaBelle
How screwed am I? Didn't find 2nd HOA until after I purchased
A new investment property (town home) was purchased about 2.5 months ago, and a tenant has been occupying the house for 2 months now. During purchasing it was disclosed that there was an HOA on the property, which we ...
Sharon Hsu
Real estate tax in California
Hello everyone,I live in California but I recently sold my rental property in Ohio. I experienced a loss in terms of property sale and operational costs (managing and maintaining the property etc). Does anyone know wh...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Chris Penny
Deduction and Depreciation of AirBnB rental
So I am about to put the master bedroom (with bath) in my home (of 3 beds 2 baths) to Airbnb and I am confused about all the tax-related stuffs. Let's say my home is 1500sqf on a land of 6000sqf, and the whole master ...
Cody Evans
Flipper Agreed To Work With Newbie
Hi All!A flipper has decided to walk me through two of his new homes he just acquired through the end of the flip as a learning experience. This is really cool. He wants me to estimate rehab costs and then he will com...
Benjamin Cowles
can a contractor kill two birds(inspector & contractor) with one stone?
Where there is no lender involved, wouldn't a contractor be more efficient for his estimate along with his qualified professional opinion than hiring an inspector for $300, doing your less than professional estimate a...
Jay Miller
Out of State Investor - Need Advice
Hi BP - I currently live in Chicago and am relatively new to investing in RE (one flip, one MF - both in Chicago). My mom bought a plot of land in Poinciana years ago and has been sitting on it. I keep getting offers ...
Paul Scavello
Flood in one of my Rental Properties
I recently had a flood in one of my rental properties caused by a broken pipe outside the building. Unfortunately, There was a lot of water damage, and I relocated the tenant to a hotel. I got started on the repairs, ...