This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings.  You really need...

I am interested in potentially starting a benefit corporation but am unsure if it really makes sense to incorporate that way in this industry.  I found a thread from about 8 years ago on the forums discussing benefit ...

What is the difference between wholesaling for a paycheck and working a 9 to 5 job for a paycheck?

Is $20k difference enough to walk away from an otherwise reasonable deal on a $2M property?
My friend/advisor with more experience says I am being a cheap knucklehead and that the $20k is not relative when you factor...

Hi I'm setting up an entity for flipping in California.  I was only planning on maybe 1-2 flips by the end of this year (so far there are 0 and next year may be more)I've seen different ideas as to this as I'm a small...

Ideally, I would have 1 contractor who would give me a reasonable price. I understand it's a lot of work. I did a lot of the work myself on the first one and I have good knowledge of most aspects of construction. I'm ...

Help me guys and gals!

We have a 2 year old S-Corp and we want the S-Corp to start having credit, our accountant told us to transfer our business credit card to the Corp and try to get our business vehicles transfere...

Have a bit of a unique situation.

Got a tenant in a SFR 3/2 property. When he first rented the place he just got divorced and was looking for a place. He is the only occupant other than weekend visits by a ...

Just had a random question pop up into my head.
Given that the IRS requires depreciation to be taken each year, what if a person's only income is rental income, and the AGI, is below the standard deduction amount. Ca...

What software is everyone using for job costing on flips? I know quick books will work but I was curious if there is something out there that already has all the detailed costs input where I would only need to add the...