Eric Stets
"Sale" of the property from personal to LLC
Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
Jordan Bigler
New to the Scene, Can Do Attitude.
Hello, My name is Jordan and I live and work in the Southern California area.
A couple of areas I'd like to focus on would be
Wholesaling,
Flipping,
Building.
I have some connections for investors and I b...
Account Closed
Warning when choosing a domain name for your website
This is probably common knowledge for most people, I just wish I had thought about it at the time. When I first created my domain name I couldn't find anything that had not yet been taken already in line with the indu...
Susan Mhone
Where do l start?
Hello! I need some direction with where to go with all this information l gathered from various sites online. I currently have a 9-5 desk job which seems to be going nowhere and l need to create another income stream ...
Jared Johnson
Do I Have a No Money Down Deal?
I found a property the owner is willing to sell it 80%LTV.
The home is worth 125k and she is selling it for 100k if I convince the seller to sell me the home for 125k and give me the down payment for 25k could I close...
Shannon Schlappi
Trying to close a Subto deal but having troubles
Hi Everyone,
Shannon in Kansas City, MO here and I've been watching quietly for a while and now as I scramble to make some moves before the end of the year I've found a great deal that the owner of a commercial buil...
Matt Liu
Naming a development company
I am starting to grow as a real estate holding company primarily- getting into more commercial development eventually. Im looking to start using a name - "something realty" to stick to i guess because i like the sound...
Ken Sanders
Negotiating Offer on my Fix & Flip -- Need Advice!
I just received an offer on my current fix & flip and I thought I'd run it by the BP crowd. Here's the scoop:1. House has been on the market for three days and has received one lowball offer in addition to the one...
Dustin Ruhl
Everything You Need to Know About Rental Income Tax
Rental income taxes can be confusing for real estate investors but it is crucial for investors to understand the filing process, deductions, and tax rates in order to be successful. There are a few key points to each ...
Zac Boelkow
How to re-calculate properties
So I understand how to evaluate investment properties at the time of purchase. What I am confused about is how to evaluate the property down the road after you have purchased it. For example say you buy a property for...