*Note: this post is intended for investors who actively DO NOT automatically file a 1040 every year, unless they've incurred a tax liability.I'm wondering what difficulties investors who understand (have read the pert...
Hello,Recently I ventured into a partnership with two of my coworkers and we are beginning an LLC for our wholesale business. We each have our own tasks/duties.Partner 1: Is responsible for creating mailing lists / co...
What an amazing thing BP is. Always liked the idea of real estate, but not until I found BP did I appreciate concepts like finding a niche, reserves, what cash flow truly is, etc.
My wife and I have decided on small...
I am currently working to purchase a duplex with existing tenants. What kind of records should I request from the current owners regarding the tenants and leases. Should I sign brand new leases? I'd like to upgrade...
I have access to an off market commercial property with a bunch of moving parts, was hoping I might have some more seasoned investors take a look and make sure I am not missing something. - Tax Assessment (little to n...
Hello BP family...... This post is regarding how to present a rental property analysis (if thats what it is called) to rental investors. Ill be asking multiple questions in this post.......In a situation where prospec...
Hello BP family...... This post is regarding how to present a rental property analysis (if thats what it is called) to rental investors. Ill be asking multiple questions in this post.......In a situation where prospec...
My tenant wants a refund of $175 for a lapse of 4 days without internet for the cost she incurred by using her mobile hotspot. The wifi was scheduled to be set up on the day of her move in but because of a strike at A...
Hello BP, I would appreciate any feedback or suggestions on the following scenario. I'm under contract for my first fix and flip in East Chicago, IN.Purchase Price: $50,000Rehab Costs: $30,000ARV: $115,000I have tw...