Roberto Lopez
How much should my Private Money charge me to fund my Flips?
I am on the verge of accepting private money from friends and family who trust me and know the capability of the business. I am struggling to understand just how much I should be charged for the private money. They ar...
Brandon Bell
FMV Rental Rate When Filing Taxes
My wife and I work on the road and have roommates who occupied the residence for the entire year of 2022. I was informed that as long as we were not charging over the FMV rental rate it would not be taxed as income. A...
Lyndsey Keller
SITE INSPECTION??? To run credit/background/eviction checks?
I'm so noticeably new to this. It's been hammered in my head to screen and check for these things. When it comes time to do it, I thought I'd enter the info, pay the appropriate fees online and be done (yes, I have...
Amy O'Brien
Please Help Me Analyze MY FIRST DEAL EVER :)
Hi friends,
I am looking at a property that is a vacation rental - it has solid rental history and already has some bookings for next year. Here are the details - the NOI is 90K, the cashflow is 44K - to calculate ...
Cameron Hoehne
Vermont Real Estate Education Question
Hello,I'm a writer for an online education company, creating the course for the Vermont Real Estate 2018-2020 Renewal Cycle -- Mandatory Course. In their outline, they mention:"Topics can include items such as general...
Julie Harris
Lease to purchase in TX
Hello, my realtor suggests me to do a lease to purchase on a house in Houston TX. I heard that there can be a lot of financial complications if the tenant is late on a payment, I wont be able to kick her/him out and h...
Kyle Neff
Analyzing Deals - Inputs in Calculators
Hi BP Family! I want to get serious about analyzing multiple deals per day as I know this is a must-have skill in REI. My biggest question is - how do I know that my inputs are correct? I know that doing an accurate a...
Reginald A. Shelby II
Analyzing Off Market Deals
Analyzing off market deals, if I’m correct, requires me to find the information or have the resources to find pertinent information to analyze the deal right?
Kevin Barry
K-1 Partnership Tax Question
My wife and I own an LLC (Partnership) that has invested in Open Door Capital. Our partnership just received our K-1 for 2023. I realize that our partnership would need to file our 1065 for 2023, but would then the ...
Marc Dufour
Accept or Deny this tenant?
I have a tenant with good salary and good credit....BUT it has a two entries on the "criminal record search" that he cannot explain. I have the case numbers. Can I get more details on what happened from a case #? S...