How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
Hi all,Long-time lurker and new contributing member.... I have read that Direct mail response rates range from:Postcards 0.5%-2% over a frequency of 6 timesZip letters - 1-3% over a frequency of 6 timesYellow letters ...
Hello, considering looking for an accountability buddy in the Buffalo area. Has anyone else done this before? Recommendations for frequency of calls?
Ok I know we all have heard lots and lots of stories of horrible nasty tenants. Anyone here before purchase there own home have got one?
I think I do, and sharing to see what would you do. We are 4 months away to be...
For those that regularly drive 4 dollars, how long do you let a particular neighborhood "rest" before you return?
I have been re-listening to David Greene's BRRRR book for the umpteenth time. I am currently doing 2-3 BRRRR deals per year with the same money. We held some and sold some after a couple of years of BRRRR. I noticed h...
Obviously the key to a successful flip is to find solutions for the distressed person. I wholeheartedly believe in the business model. With that said, I have no desire to constantly kick a person when they are down....
1. From a tax perspective, is it more beneficial for LP's to pay them more often so that they can invest the received profits into other investments? What is a good frequency to pay your LP's?
2. What type of tax ded...
I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...
I have a question: I just started wholesaling 2 months ago and I have been using an aggressive direct mail campaign. I have read that you pick up most of your deals on repeat mailing. So how often should I repeat to a...