Bobby Brown
Do you have to issue 1099s for work done on a rental
My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600). We so often find a big push back when you request to do this...
Joseph Konney
Do I need a common electric meter for Multifamily Chicago Homes?
Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
Kara Beckmann
Commercial Restaurant Space - Where do I start?!
I have been wanting to get into commercial real estate this year and I have come by what could be a great commercial deal, however I am realizing just how different commercial is from residential when it comes to runn...
Shannon Cannon
Property Management
Hello! My husband and I have done a couple flips this past year, but just purchased our first rental property. We originally thought we would just rent it out ourselves, but the more we think about it, we might consid...
Lawrence A. Kovacs III
I want my father to retire. I want to be successful for him.
Hello All, As my headline states; I want to do this to build a portfolio that can allow my father to retire. That is my "why". I am hoping to begin this journey in the Baltimore County, MD area. My father has work...
Tom McMahon
Is this all a blind spot?
So I am an economics teacher but the true intricacies of real estate are relatively new to me. I have a friend who has been borrowing money, investing in real estate multi families and apartments etc, and seemingly ma...
Rodney Burayidi
New and First Acquisition: Duplex Property Indiana
Hello Bigger Pockets! I recently purchased my first investment property which is a cash flowing duplex (built 1920) in Indianapolis, IN. One unit is vacant and the other is occupied by a long term tenant. I financed t...
Marie S.
What's the deal on package deals?
Ok, I just had a deal fall through on an apartment building. I just could not put enough money down to get it. I guess it was a good thing because, I may have been jumping into real-estate blindly. So... I was looking...
Zane Lyons
Seller-Financed 0% Down Commercial MF
Hey folks,Have an opportunity for a very exciting deal but would some love some input from the creative financing crowd to help optimize it/make it work.Long story short, I have an opportunity to purchase a 32-unit co...
Markese Straughter
Self-Directed IRA companies
Currently looking to open a self-directed IRA account, but not sure which company i should use. Can anybody steer me in the right direction and provide me with some quality self directed IRA providers?