What would be a customary split for a Capital and Managing partner in a fix and flip situation? I am trying to determine if there is a standard or if its all negotiation? Where do you start on the negotiation if one p...
Hey guys,Just out of curiosity.. after paying your expenses, setting aside for CapEx, vacancy, etc. what do you do with any extra $ if there is any? Do you save it for another property? Use it for personal use?
Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay ...
Hello BP Members,I'm a newbie to the site after hearing about BP through a friend who is into real estate investing (buy and hold rental properties). I am interested in purchasing properties to rent out, and am excite...
Hello BP members,A couple of my family members own a commercial property with a S-Corp.I noticed on their tax returns that they do not pay any salaries nor distributions to shareholders.They told me that their family ...
Hello Everyone, I have always wanted to learn how to buy and sell real estate. My wife and I have renters for the last 7 years, but now we would like to find a multi family of our own to buy. We plan to li...
I own a condo in NJ that I'd like to rent. The regular property taxes are included in my monthly mortgage payment, but not the quarterly sewer tax. Also, my homeowners association requires our dryer vents to be prof...
We are about to sell a house that is a flip/construction project--it's a total rehab and we've added a significant addition to the property, so we will have held it somewhere between 9-11 months and have not lived in ...
Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...
I'm thinking about self directing my HSA...How are ya'll paying for qualifying medical expenses out of your HSA? It seems like I'll need to request a check at a 10 dollar fee (just like an SDIRA), if I want to pay...