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Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
Hi everyone, my name is Michael I'm 14 years old and I live in westchester county in New York. I want to start some sort of llc or other corporations so I can sign contracts and invest in real estate before I'm 18, wh...
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Hello,
I Just wanted to give everyone a quick update on the RAD Diversified scandal that is currently unfolding. As of April 1, 2024, RAD Diversified (a REIT), has officially put a freeze on withdrawing any and all ...
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I always thought I did a good job of screening, gut checking, red flag observing – the usual seasoned Landlord stuff. My process:Credit check, criminal check, social security verification, former Landlord verification...
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I regularly hear people on BP discuss cashflow vs appreciation and which markets deliver on those. There have seen heated debates in this forum, particularly when the "must have cashflow" people are arguing with thos...
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I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
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Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
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So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year. Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I...
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Hello, I just moved to the North San Diego area from Boulder, CO. In colorado I did a couple of flips and a couple of rentals so I have a little bit of experience, enough to get me into trouble!. I have a few questi...
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I've talked to a homeowner who inherited a home from her mother, hasn't paid taxes since 2008, and doesn't want anything to do with property - no profit from sale at all, just wants out. Per the tax lawyer the taxes a...