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Results (2929)
Patrick Goswitz Purchasing Materials for Contractors
25 November 2023 | 8 replies

I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...

Penina Rapaport Kalatsky Can I fix a stove that doesn't heat?
2 January 2024 | 13 replies

Hi fellow friends, 
My tenant is complaining that the oven isn't working. 
The stove top works but the oven doesn't. Is there a way to fix this or I have to replace the oven? 
I feel like every property I own needs...

James Syed 3% Rule Possibilty
24 August 2015 | 23 replies

Hi BP, I have noticed a lot of discussion on 2% rule here at BP. I am wondering if it's possible to get even 3%. Is there anyone getting 3%? I am curious to see if it's achievable. To be more precise, we are not talk...

Tar-U-Way Bright Should I House Hack?
16 October 2024 | 16 replies

Hello everyone,I'm just starting out in the Atlanta Metro Area and I'm looking to buy my first property in the next 3 - 6 months. I've been reading over the forums regarding house hacking and I've come to a couple con...

Sharad M. Managing contractors
10 July 2011 | 27 replies

Hi,

I am having some confusion on how to develop a working relationship with a contractor, so I am hoping someone here can help me. As I work on expanding my business, I am working with a contractor who just finished...

Jeff D. flipping out over possible s-corp loss
16 April 2012 | 21 replies

Here's my simplified as possible scenario:

in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...

Sean McCluskey RE Taxes in Indy are bad for business!
14 July 2019 | 23 replies

Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...

Steven Barr How much does it cost y’all for “turns” between tenants?
6 December 2022 | 22 replies

Hi BP!When a tenant moves out of your single family property (say 1500ish square feet) and you have to go fix the property to get it ready for the next tenant…. How much does this typically cost you? What type of repa...

Carlo Michelotti W-9s & 1099s: How do I pay contractors "under the table"?
3 April 2019 | 56 replies

I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...

Michael Plante Lowering rent for tenants to take care of maintenance
20 February 2018 | 34 replies

pros and cons?Suggestions?Thank you in advance