Maria Lamb
Do I need to send 1099’s?
I purchased a fixer apartment house, unoccupied, in 2020. It will be ready for occupancy in early 2024. My accountant said I didn’t need to issue any 1099s yet because the property is not in service as a rental. This ...
Derek Adkins
Equity Share Scenario With Property Manager
My property manager recently proposed a partnership between he and I on my current rent house. The proposal essentially was that I would allow him to assume 50% ownership of my property and in return I would assume 50...
Jason Malabute
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily Investing
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to contr...
Peter Pil
bulk REO in own...
Question to all:
People said bank only sell in their own bulk REO and we could not bundle our own REOs as we want and buy from them.
Can we really bundle 4/5 vacant house we find and make an offer?
Sean Beyrouthy
How to decide whether to use a General contractor or hire your own sub contractors?
Hello all! I am an investor in Delaware county, Pennsylvania. I have acquired my first two rental properties over the last couple months and have been rehabbing them myself. I am looking to take the next step towards ...
Zachary Loch
Any Advice for a Skeptical Sophmore in College
Hi Everyone,My name is Zach and I was introduced to the world of REI and BiggerPockets from my obsession with podcasts and long term finance. I am from Plano, TX (suburb of Dallas).I am Currently in college at Baylor ...
Christopher Goldie
Tempting but unprofitable offer
So, I just received a very tempting but completely stupid as a business decision, offer today. Dude wanted to trade a beautifully restored 67 Firebird, for a little 3 bed 2 bath house in a very rural area. I'm only in...
Bailey Christenson
Decision: Keep or Upgrade
I’m looking for some thoughts from the community on a situation I am working through currently with a rental property I own in the Denver area, and the dilemma I have is whether to keep the property and take out a HEL...
Conrad Sienkiewicz
Tax Route - Partnership or S-Corp (Unique Case)
Hello everyone! I've lurked a while but finally posting and getting involved. I want to preface I know this topic has been beaten to death. I've explored those threads and have been reading books, scouring other sites...
Account Closed
Two fork in the road...
I am about to end my senior year of high school (currently 17, turning 18 in June) and see two ways i can go about my life:(Keep in mind I am also a day trader so my ability to make money for myself is not lacking)1. ...