Elijah Quinones
Obtaining a first deal
Hi! I’m Elijah, I’ve been interested in real estate and investing ever since I was introduced to it at 13 years old. I’m currently 17 and will get my real estate license as soon as I hit 18. I would love any advice wh...
Juan Carrillo
First deal! I NEED ASSISTANCE
I am taking a look at two douplex homes. How do I calculate if it’s a great deal? How do I put it in writing to simply present it to a lender? Also what would be my best option with the deal?
Account Closed
Tax Savings as a High-Earning Dual Income W2 Family ($300k / yr)
“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?
My wife and I are fortunate enough to have two W2 jobs making ~$150k /...
Thomas Allt
Best thing I can do right now is just ask... Contractor Partner
Any tips for finding a contractor as a Real Estate business partner for Fix and Flips?
Mark Bondurant
Does lease with option to purchase run afoul of Dodd Frank?
I’m currently rehabbing a home in western N Carolina and had planned to lease the home with an option for the renter to purchase. Some in my local REIA advised against it citing Frank Dodd and the mess of foreclosing ...
Gopichand Nakkala
[Hunstsville,Alabama] Calculate property taxes and insurance?
I am looking to purchase a property in 35749 zip code in alabama, am trying to calculate property taxes and insurance, I got some estimates from my realtor ,just want to do my due diligence and check them, am using th...
Daniel Sprague
Setting up a Property Management Company for your Own Properties
Hey BP Members,I am sure this has been discussed here but i am relatively new to the site. I would like to start a discussion on the pros and cons of starting a property management company simply to handle my own inv...
Tammy Mason
Time for a different CPA?
I just had a discussion with my CPA regarding writing off expenses year 1 of ownership. I purchased a rental this year and have already incurred about 7k in repairs. He says I cannot write these off this year, but nee...
Ben Leybovich
Which Strategy Works Today
Ladies and Gents,I think it's time to inject a little intellectual honesty into our discussions. I may not win any Mr. Popularity contests with this posts, but it's an honest attempt to help.Note - real estate investi...
Jim Kalish
Does SEC 504/506 cover soliciting funding from friends
Hi BP family. I've been considering reaching out to friends to see if they want to get involved in some real estate deals. Right now I'm doing residential projects, 4 units or less. I was thinking of offering them ...