Hello BP Members, and thank you in advance.Question:Is the ROI section on the Flip Calc broken? The analysis below via the link has the following numbers:Purchase Costs: $109,500Rehab Costs: $54,000Holding Costs: $5,8...

I'm closing on another property this month.  The kitchen is 1987/tenant abused and the floors are carpet/linoleum downstairs.  Upstairs is all carpet and baths are linoleum.  I'm curious what other landlords do to upg...

I am setting up an STR this year in a single family house in Ohio City (right outside downtown Cleveland). The house is a 3 bedroom, 2 bath. I was thinking of having the following setup in the house: Room 1: Two queen...

Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...

Hey guys --

It seems that some people are having trouble making a distinction between our PRO and PRO Basic accounts, and I believe that if we make a more clear distinction between the names, we can clarify a...

Hi all, I am new to investing and thrilled to get going. I am looking at small multi families BUT mobile homes seem very attractive. Basically cash sales or very low investment for a very modest but completely posit...

It appears that some of the brokers have cookie-cutter Solo 401k plan agreements for their customers.  Reading through the agreements the plans allow for Real Estate & loans.  I know mysolo401k.com allows their pl...

What does it take to get LEED certified?

I have cement floors in 1000 sqft house and needs carpet etc..I am thinking of doing polish cement floors instead. For a buy and hold rental, as I think this could be a good longterm route. Any thoughts or issues? ...

One of the most common frustrations when choosing a real estate savvy CPA is not knowing how to tell whether he knows his stuff. Here're some sample questions to test his technical competence, in any order:
We're mak...