Justin Goodin
Lumber Prices are Up! š How is this affecting your business?
ā”ļø On Friday, the price of lumber per thousand board feet jumped to $1,048, according to Random Lengths.
That price jump is unlikely to be the last. On Monday, the May futures contract price per thousand board feet o...
Vincent C.
Sole Proprietorship vs LLC while owning out-of-state rentals
I'm a California resident but own a rental property in PA, and looking to get another one in PA or out-of-state.Ā Are there any major differences in doing a sole proprietorship vs an LLC; are there major advantages usi...
John Ma
Profit sharing with contractor in your business?
Hey guys, I'm currently honing my business model. Ā The current contractor i just partnered with I have a lot of confidence in continuing to do repeat business with. Ā He has shown interest in becoming a REI as well (ev...
Raymond Hunce
Business Lines of Credit Fees
Hello BP Community,My partner and I just set up our LLC and business bank account to invest in real estate in Maryland (Baltimore and Harford counties). We have no investments yet nor have weĀ conducted any other opera...
Ryan B.
Container Homes as an Airbnb rental
More of a question than a discussion topic-Ā My wife and I are thinking a fun yet lucrative business would be to run a small container home rental business. The business plans look profitable when plots of land are dev...
Sonya Brown
Starting your own contracting company
So my husband and I recently purchased 2 rehab properties, the problem is getting contractors to come and give you an estimate. They either show up and don't get back to you, don't even show up at all or the ones that...
Nathan S.
Home Office Deduction - Mileage
Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk).Ā A...
Jesse Simpson
Hard Money Lenders issues
All the research Iāve done through Bigger Pockets, I cant seem to find a Hard Money lender to lend under $50,000.In my area (Illinois) there are properties selling between $5,000-$10,000. With an estimated Reno costs ...
Regina Sloan
Help us decrease issues with contractors!
Ok Y'all we have stopped the "maybe this... or maybe that... what ifs" etc.. .and have officially jumped in as Fix N' Flippers. I'm great at researching and asking questions-- one thing I hear from pretty much every R...
Rashad S.
WHY CANāT I FIND A CONTRACTOR!!!!!!!!
Hello. So I have a property Iām trying to flip but canāt seem to get past the hiring a contractor (or contractors) part. Is it that busy out there? Is this time of year more active than other times? I need someone who...