I am working with a contractor on my first flip property. Should I issue my contractor a 1099 for each draw he receives or should I issue a single 1099 at the end of the project? thanks for responding.
First I’d like to say hello and thanks for letting me play. This is my first post and I’m excited to finally get active and be a part of the community. After a good amount of studying and trying to lear, my wife and I...
Hi – This is my first post to BiggerPockets so I’ll introduce myself before I ask my question. My name is Marshall Baker and I live in Western Montana. I work as a sales manager for a major telecommunication company w...
I need a site that i can put in criteria for more than one state or atleast city, so i wouldnt have to do so many searches.
When looking at towns in West Palm, North Palm, Palm Beach Gardens, Jupiter and Tequesta, it seems that any house in decent condition is getting 4-5 offers. In addition, at least 1 is cash at or above list price. I am...
If my sister, my brother, and I are all on a deed to a property. What happens if one of us takes out a HELOC on the property? Do they have get the approval from the other two people to even get the HELOC? How will it ...
I have some investment experience with flips as well as small commercial (storefront 1st level, apartments above) but that goes back many years. Starting to get back into investing and will buy and hold SFR or sm...
Complete newbie here, but I'm struggling to understand the advantage of multiple properties that have small cash flow (due to loan repayment) vs a single property that is debt free with large debt flow. Granted you c...
Im curious, if you had 100k cash to play with in strictly real estate investing would you use in on one property with 10+ units or spread it out over multiple properties for 10+ units.
Do you have everything flow in and out of a single account and let accountant does his thing? or you set up one new account for each property you own. or is there an even better method? I want to keep a more accurate ...