Jay D.
I Have Cash But No REI Experience. Recommend a Partner at 1st?
What's up everyone,I've been running my own online businesses for quite a few years now, and I'm looking to branch out into the real estate game. I have built up a good amount of cash, and I'm about to sell one of my ...
Brandon Laughridge
How to Structure This Private Money Arrangement
I have two partners that are interested in investing some cash to act as our own hard money fund for rehabs (to resell and hold). We own our investment company equally but their money is going to be a "side car" so t...
Jon Begley
Do I need a professional cost segregation for new construction
I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...
Account Closed
House flipper is flipping on me
My wife and I are in the rental market and we were looking to expand our portfolio. Last January I met a flipper and we began to visit about their business. We talked multiple times over the next few months. In March ...
Bill Gulley
Movie and the Riots
It's interesting how the Muslim Brotherhood is caught between and rock and a hard place, saying demonstrate but do not destroy property or turn to violence.
This came to the burning surface from the movie trailer rel...
Hai Doan
Hard Money Loan Question
I just went to a website to apply for pre approval and they require 15% of the loan amount in the account, is that the norm now? Back in the day it didn't require this but it has been several years so I figure I woul...
Keith Barnum
Second auction of property in 3 months...
I am not an investor, well, not an investor of real estate property. My question is along the foreclosure line and seeking the right answers and/or information. So, I inherited my father's assets when he passed in Mar...
Deepak Lal
Tax Benefit on joint Tax return
I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
Brian Spink
Rent payment
For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...
Roy C.
Bank Account Allocations
Hello BP. Hope everyone had a wonderful holiday. One of my NYR is getting more involved with REI and BP forums, so here it is.How do you guys manage your REI bank accounts?From what I understand from previous discussi...