Chad McIver
Help with tax liability of first successful flip!!
I just received a accepted contract on my first flip, in St. Louis City, MO. Happy with the way it turned out and the profits. Still have to get through inspections.
But List price $99,900, sold for $98,000...
Jose Garcia
Big Decision to Make
My wife and I are just starting out as Real Estate Investors and are looking for our first deal. Trying to get creative with our financing we ended up selling our house. However thinking that we should get settled f...
Caleb Mclamb
1031 flips? and business structure
Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
Account Closed
Credit/Background/Evictions Checks Galore + 3X Rent Rule.. Yet EVICTIONS SURGE IN USA
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
Neda Navidnia
Renters from Other countries
I have a family filling the application to rent one of my listings in Houston, TX.They have green card and are supposed to receive social security number in few days, moving to the US last week.How could I make sure a...
Shannon King
help with financing
Hello everyone on BP, I am looking for advice on getting a loan for an investment property. I am no noob to understanding RE investing but I need help with assembling capital. Here is my conundrum: I have good credit...
Brian Adams
Have you thought about raising money by using crowdfunding?
The North American Securities Administrators Association (NASAA) recently issued an advisory to spotlight concerns for small businesses and entrepreneurs seeking to raise investment capital through crowdfunding.
You...
Luis Magnus
I’m an immigrant wanting to buy a multi family property!
Hello ! As you know I want to buy a multi family property but since I’m an immigrant I don’t have credit or social security number, luckily I found the women of my dreams and we are getting married pretty soon, I just...
Jacob Morgan
Security deposits vs Surety Bonds
I first became aware of surety bonds when signing a rental lease at a large apartment community in one of our country's overpriced coastal cities and was presented with a choice - pay the customary one month rent equi...
Atwan Kwan
Screening International Applicants.....?
I have an international applicant.They don't have a social security, but they have a TAX ID,How do I screen for this?