Susan Dobbs
Becoming silent partner with Subcontractors
I am working with an investor that is spending big money on employing his trades people for reno and repairs on his commercial properties. He is considering letting them go because of the costs involved and hiring out...
Kevin Siedlecki
Turbo Tax for Investors?
Does anyone with multiple LLCs and multiple properties in each use TurboTax?I have two LLCs with multiple properties in each, and I am pretty confident in my ability to enter the data myself after doing it with an acc...
Allen Fletcher
Stuck with A Home that will not Sell
Purchase Price: $ $265,000Equity: $18,000Current Appraised Value: $280,000Square Footage: 2150Mortgage Payment: $1,745Property Taxes: $449.14Insurance: $44.17Current Monthly Rent: $1,250Backstory: I was forced to move...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
Bryan C.
Non Recourse Loans
Curious about non-recourse loans....can anyone give a non-recourse loan? Can I get a non recourse loan from anyone? Please share your experience and your lender that you used....
Zackarias Aitchison
Metrics For Buy & Hold Investments
Hey! What metrics do you personally use to decide whether a property would make a good buy & hold investment or not? Cash on Cash?Discounted Cash Flow?Internal Rate Of Return?Net Present Value? Cap Rate?A combinat...
Sandra MacKenzie
Anyone work with Catalyst Funding
Has anyone worked with Catalyst Funding out of Houston, TX? I got pre-approved with them on the recommendation of a fellow investor. Now looking at my first flip, crunching numbers and had Catalyst provide a loan es...
Nick Cascio
Less than 2 years of consistant employment
Hello all, This will be my first post on BP, and will serve to pose a question to overcome my first hurdle on the road to owning and home and gaining beautiful equity. I'm 24, working in the Texas oilfields, have a Me...
Kenya Maclin
New member from Missouri
Hello BP,I am a new Real Estate Investor in the St. Louis metro area. I'm interested in wholesaling, fix & flip and rentals. I haven't done any deals yet but I've learned a lot from BP so far. Now I'm ready to get...