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Time to file your 1099 forms but not to everyone you pay. So start cleaning up your books and excel file to identify whom you have to issue the form.First you should have a w-9 form filled out by anyone whom you are g...
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Holly crap.... the devastation is mind blowing.I was curious if any of the BP REI community is being effected by the disaster.....either personally or your investments in that area...I have a SFR in Kingwood....north ...
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Hi guys,My 1031 exchange may fall aprat.I am trying to figure out how much would I pay in taxes on a property that I sold?I sold it back in May for 120K, I bought it for 25K back in 2009I am in a 30% tax bracketAm I c...
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I found a distressed home but, the home owner is deceased. I’m pretty sure the property is vacant but what should I do?
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I am going to try to articulate my curiosity the best I can, so here we go...I am young but have been blessed to be surrounded by a few good sponsors with their own teams in place, and they have told me when I come ac...
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I’m looking to refinance my first investment property in Chicago, IL What is the best way to shop the interest rates to ensure I get the best rate?
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Hi Everyone,
I'm working on a gut reno in Newark NJ. Its a 2 family. I'm wondering if I should install cameras on the property as a security measure. The walls are open so now is the time to install a wired syste...
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One my tenant is complaining about another tenant bullying them. Some examples are they are driving too fast. He is setting up cameras, telling them what to do.. etc...how do you usually handle disputes like this with...
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Hi all,
I'm looking to add my third SFR to my portfolio. I'm looking for some help in my analysis to make sure it's a good deal:
Asking price: $85,000 (paying cash - may refi later to buy more properties)
Taxes (201...
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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...