Will Barnard
Successful flippers, your input here!
Has anyone here had recent success flipping residential properties to another investor WITHOUT running into sesoning issues for the investor buyer's lender?
Can you specifically explain how you avoided/circumvented th...
Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Ben Gonzalez
Dealer Status and Installment Sales
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
Tony Aliatim
Got my first deal out of the way, where do I go from here?
Hello Everyone,I am an investor based out of the suburbs of Detroit and am looking forward to networking and meeting people on Bigger Pockets :).A little backstory: I am an engineer by training but now have a well pay...
Christopher Erwin
STORAGE UNITS: What I Know & Where I Need Help
I just started diligencing a 200+ unit storage facility on the Nebraska / Iowa border. It's a fascinating rental model --> some wear & tear advantages since no live-in tenants compared to MFUs, but also some mg...
Caroline Landreth
Turn key versus BRRRR
Hi everyone,I have a hypothetical for you and I am new here so I am sure this topic has been previously discussed somewhere in the depths of these forums so forgive me for just outright asking and not diving into that...
Sergio Briones
What Should I Do Next?
Hello, My name is Sergio and I am a newbie when it comes to REI. I am 29 years old and have already started reading several books on the subject. My ultimate goal is for my wife and I to retire from our 9-5 jobs asap ...
Pat McLaughlin
How to Get a Loan When You Freelance
I'm new to real estate and am working through my initial education phase.
My first goal is to purchase 5 rental properties because I love recurring income and believe that this strategy is best suited for my goals an...
Matt Schambeau
How to accept cash for rent from tenant in Roswell, Georgia?
I have a duplex with tenants I inherited that pay their rent in cash. The current setup is I swing by once a month to collect the rent. I'm going to have them sign a new lease, and don't want to collect the cash eac...
Brandon Turner
Anyone use Ally Bank?
Hey folks,
I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without alway...