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Results (5711)
Giedrius C. Passive investor in flipping and self employment tax
19 July 2020 | 15 replies

I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...

Solomon F. Oil tank remediated. no sell?
27 March 2016 | 6 replies

I am looking at a deal where the property had an underground oil tank removed and the soil test shows mild contamination. The seller is re-mediating. One realtor advised me against getting involved because I intend to...

David Kay Investors want to partner with me, what are my options?
17 December 2013 | 11 replies

I sold my house a few months ago and am getting ready to buy my first multi-unit property. I have a high income and can buy my first property myself.

However, I have many friends that are nearing retirement a...

Doug Teasdale Wholesaling questions in Az.
30 January 2025 | 6 replies

Hello BP friends, I have been trying to get my start in real estate investing. I think I’m stuck in the paralysis stage, I have read some books and been to the conferences. I currently live in Prescott Az. A small mou...

Account Closed Hydrostatic test failed. Should I spend money on plumbing repairs?
28 March 2023 | 0 replies

I just purchased a house in The Colony that I plan on flipping. I do have the option of renting it out if needed. I just had the foundation repaired and the hydrostatic test failed. This was the second hydrostatic tes...

Holly Emmett Correira Bank appraisal on reverse mortgage REO owned by Fannie Mae
16 May 2018 | 3 replies

Hello-we are making an offer on a foreclosed reversed mortgage multi-family where the owner is now Fannie Mae.  I understand they they cannot accept less than list price, which is the appraised value.  We are seeking ...

Danielle Ratto Tenant child tested positive for lead poisoning in our property
30 December 2016 | 25 replies

Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...

David Woodside 500 hour rule - material participation
15 January 2025 | 12 replies

Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...

Scott Rudd REALISTIC EXPECTATIONS
6 July 2016 | 31 replies

Hi Everyone,I'm new on here and trying to learn as much as possible.   I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...

Brandon Bell Multifamily FHA Self-Sufficiency Test Question
24 August 2023 | 5 replies

I am trying to close on a 4-unit multifamily property using FHA lending through Lender A. My W-2 income alone qualifies me for the purchase of the multifamily property. The Self-Sufficiency Test does not pass the requ...