We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usua...
Hello BP flippers & Company,Recently I was advised to hire contractors that can "pull a permit." What does that mean? Please share.Kind Regards
I'm looking to House Hack as a start too my investing career, could I get a few tips to house hack in a very expensive place like Toronto, Canada. I have about $30,000 saved up as of now and I am a full time student i...
BP,Does anyone has experience running into trouble getting title insurance on a property they purchased in a County Tax Auction. My business partner bought a SFR at a Wyandotte County KS tax sale. We have tried 5 diff...
I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
We supply a refrigerator with our rental property. It's a modest but nice 3BR 2BA SFR in a nice neighborhood in Lee's Summit, MO. The refrigerator is older and the icemaker stopped working. The tenant has asked ...
Hello Everyone,Piggybacking on another post about CPA recs, I wanted to share my experience with my current CPA and get feedback My CPA does not disclose up front what costs would be associated with meetings, advice a...
So often people will make plans and write down what they hope to achieve. It can be shown that this is a good way to succeed, but many fail to accomplish their goals.
I hope to use this thread to discuss ways to mak...
Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...