Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...

Hey Everyone,My name is Ryan from Denver, CO and I'm a newbie looking to get into house flipping and multi family rentals! I have read four of the books published about to start number five and I am starting to look a...

Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income.  But on second thoughts, after years of being a ...

As many of us have come to find out in real estate investing, our ability to grow a real estate portfolio is highly dependent upon our ability to leverage our money. Or, in other words, use others people’s money to ma...

I would like to do bigger deals and get into multi-family investing.  My wife and I own one single family house but I would prefer to jump to bigger deals as quickly as possible, whether a 6 unit or 20 unit apartment....

As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.

In general, the red colored fields are th...

Hey everyone,I don't wanna be inconsiderate in the wake of this horrible hurricane but I have a legitimate question.My sister is moving to Houston in a month and currently house hunting. Should I tell her to wait? Or ...

I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.

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In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...