We have looked at a pre-foreclosure SFH that is being "sold as-is, inspections for information only". It also says "broken glass in back, not suited for financing". NOTE: it is not listed as a pre-foreclosure on the ...
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
I am new to real estate as an investor, though my wife and I are on our second home now (fortunately made a few bucks on our first purchase thanks to LA appreciation) and I have always been interested in investing in ...
What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...
I have a tenant that seems to have a knack for breaking things. Ever-since he moved, he has been calling me every month sometimes multiple times to complain on broken things. I recently had to replace the HVAC system ...
Is Greenville NC a market no one is looking at?
Greenville NC is home to a population of about 88,000 people. Growing annually at about 0.34% nothing exciting there. In the past two years Greenville has seen some mas...
So I was reading through Josh's post here:
http://www.biggerpockets.com/blogs/1/blog_posts/4157-don-t-fall-for-the-scam-be-cautious-
about being cautious about who you do business on via the site and there is commen...
Hi BP! I own some properties in a small city in Ohio that is looking to institute an ordinance that would require a landlord to register each property they own within city limits. Along with the registration, the ordi...
Real Estate Investing is all fun and games until you need medical insurance. This is a concern that I would like to get some feedback on. Can anyone provide any advice or suggestions on going from a job with benefit...
My neighbor passed away unexpectedly. He was a lovely man, but a real slob, and I am trying to buy his house from his next of kin, a brother & sister who are not as eager to sell as we had hoped. The place needs a...