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Results (5012)
Joy D. Garage Conversion to Living Space
21 April 2024 | 41 replies

Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...

Ryan O. S-Corp Reasonable Salary
2 August 2023 | 77 replies

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.

...

Jamie Greenberg Novice questions on Risks associated with PPRs Performing Notes
17 June 2016 | 24 replies

Hi all. I'm very interested in getting into the note business, and have been checking out Dave Van Horn's PPR company. I would almost definitely be starting out with the more passive performing notes. I've watched ...

Phil LeNeveu Critique my Strategy - Be Harsh
9 June 2017 | 25 replies

Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...

Leonid Solomonik Buying properties in FEMA flood zone
10 October 2016 | 44 replies

Hi everyone,

Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...

Champ Leong What's the issues using non licensed contractors?
29 November 2021 | 43 replies

If I want to hire my best friend, for example, who has done work for me and I know his work is good quality, what issues will this present in my BRRR? Will I have an issue getting hard money? etc TIA!

Kate K. How to valuate deductions from Security Deposit properly?
30 April 2021 | 22 replies

Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...

Anthony Porembski Best methods to pay contractors??
2 May 2020 | 68 replies

I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...

Ashraf Farrag Thoughts on converting my rental property to a lease option?
28 May 2016 | 19 replies

I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...