Rivers Plowden
Apartment Analysis and Buying Process Questions
I have been analyzing apartment deals and doing a lot of reading/listening/studying and have an assortment of questions that I hope some seasoned MF investors can help answer. Sorry if this is a little long, but I'm r...
Tiara Murray
How does the Developer get paid, and when?
I had another quick question. I was wondering how else a developer gets paid from a real estate development, other than selling ownership. I was reading about Donald Trump and how he was paid management and constructi...
Parker Stiles
Quickbooks online or desktop?
My wife is going to start doing our books. She has bought Quickbook Destop 2016 for a Mac computer. Each time we talk to the quickbook support team, they are pushing us to buy the online version. Who uses Quickbooks d...
Rick Fonseca
Partner has past due child support
Advice me on how to handle this issue please.My partner and I have under contract a residential property for a fix and flip. The issue that has come up is that we submitted everything under his name only and now he te...
Nazimcan S.
How I FAILED but actually SUCCEEDED in New York City
It's about 11pm, at this slightly inappropriate hour the seller's broker wants to know if I can close or not. With Brandon Turner's book "The Book On Rental Property Investing" in one hand, I'm thinking about a last m...
Jessie Niu
Only one rental on the side, do i need to send 1099?
I read that for any contractors who did work exceeding $600, the investors need to send them 1099. I just bought my first rental end of last year and are still rehabbing it, hasn't rented it out yet. I don't have a LL...
Jacob Wiltshire
S Corp Salaries? Do you have to?
Hello, I recently purchased a mixed use property for $390K. Gross income of about $76,800 right now.Income: $76,800Taxes: $9,344.68 (from which one tenant pays back $2251)Insurance: $5,108.00 (from which one tenant pa...
Rhett Tullis
Why pick residential rentals over commercial in OKC
I like many folks on here have dreamed of owning commercial real estate (retail, office and the like) I currently do own a small office building and multiple rentals as well as managing over 1100 door in OKC metro. W...
Jonathan Johnson
Have seller fire management, or fire after closing?
Not an easy question, don't mean to be mean.There are 4, maybe 5, people doing a poor job of what 2 people could do great.100-unit apartment, 30% vacant due only to management and poor marketing, the building is great...
Greg P.
Private Lender as Business Entity Considerations
Hi,
My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...