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We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
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I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
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I'm wanting to enter a more restful season of life after sprinting hard that last few years. Syndications, in theory, sound like a very attractive option to me. I get how they work, but I wanted to ask you:1) Do avera...
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Could we really be worth close to a million dollars? So me and my wife started a real estate company up 3 years and 5 months ago. We have 11 sfh’s and a duplex. Finishing up remodels on 3 sfh’s now. So on to are situa...
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Make a bunch of money doing a flip! OK ok ok, easier said than done right?Well let me try to help. You will need some money. The best way to get money is by doing a flip! So only for that reason, will I share how to...
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Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
There are a lot of complaints about bad wholesalers who do things wrong. We all know how frustrating it is to deal with inept, crooked and ill motivated people in any type of the business. I want to start this thread ...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
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Quick rundown of the scenario: I bought a house outright 1 year ago to fix/flip. At that time I had excellent credit. I paid cash for the house and used credit to pay for the fixing. 1 year later the house is done, bu...
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Has anyone out there rented to both travel nurses and long term renters? Which was more profitable? Which was hardest to manage? I like the idea of renting to travel nurses, but there are always some landlords renting...