Festus Edward
Short term rental vs flipping with $20 000
Hello All,
I hope you all had a great week and enjoying your weekend. So I got into a discussion with a fellow at the air port on my way back from NY and wanted to get your thoughts on the question. Basically, this f...
Account Closed
Help - Would you do this deal?
Now that I have your attention. It was a preforeclosure in a very nice neighborhood in Seattle at a time, long ago, when you could do preforeclosures in Seattle. (you can't do those now, it can be considered a crimina...
Jesse Blaine
Best Structure for a JV arrangement for fix and flip?
We have several investors interested in doing a JV fix and flip with our team. These would be simple one off projects and so it doesn't seem like the right project to form a complete LLC with operating agreement as w...
Hassan Oukacha
Rental property tax deduction
I'm filing my 2017 tax as married jointly. I have 2 rental properties that are both making losses for 2017 due to deduction and cost of acquisition + rehab; we acquired both of them last year. I am using TurboTax to f...
Account Closed
Best practices for bookkeeping if not under LLC
Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...
Sean Gallagher
Running an LLC
I formed an LLC a little while ago since i was looking to get a commercial loan and wanted to keep everything within the business. I soon found out that I need atleast 20-30 % down to get a commercial loan... So i've...
Jibu V.
Philadelphia Eviction Complaint Process
In Philadelphia, after a 10-day Notice to Pay or Quit period for non-payment of rent, we need to file a Landlord Tenant Complaint in Landlord Tenant Court at 1339 Chestnut St, 10th Floor.After the Complaint is filed/p...
Zachary D.
Newbie seeks multi-family specialist in DFW, Texas!
While living in Japan I started studying real-estate via Bigger Pockets. After two years, I've finally made it home and I've been working for 6 months, regaining credit and saving. I'm looking for a patient ally to he...
Miguel Martinez
Finding absentee owners or landlords!
Hey everyone, my name is Miguel and I'm a fix and flip investor based out of Southern California, Inland Empire. I'm currently flipping two properties that were sold to me by a tired landlord. The area I'm rehabbing t...
Joe Wood
single vs multi member LLC
Hey Guys,I'm debating whether or not to set up the LLC as a single or multi member. I have been reading numerous articles/references on which to choose. Still awaiting my accountants response but he is hard to reach.I...