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We pay our GC every week to manage our Flips and wondering What other methods or payment structure is there to choose from? Any that’s best for both sides ? Or pay after certain completion?
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Hello BP family, I live around the Denver metro area I am looking for duplex to house hack but I am finding they are very expensive and the numbers just don't work out . I'm using an FHA loan so I am basically stuc...
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So the CDC eviction memorandum has ended yesterday and the news and social media are talking about a wave of evictions. I have not seen much of that... What are you guys seeing?
We own and operate a portfolio in the ...
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I have two questions...I read somewhere that you pay taxes when you do a flip but not Capital Gains tax if your intention was to flip... can someone explain? Here's somethings we are looking at.... we have held a hou...
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Hi BP! I've created a deal analysis spreadsheet so that I can easily do some quick and dirty number crunching when looking over deals. This spreadsheet analyzes rentals or flips. I was hoping to get some opinions on t...
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Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
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Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
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I recently bought a duplex (my first property) late Jan. 2020 and inherited tenants for one of the units. The tenants had a lease from September 2018 - August 2019 and were on a month to month after that. I gave them ...
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Hey BP universe! I got an opportunity for a buy and hold rehab for a REO, but found out there is an encroachment claim/ issue on the property by a neighbor. Right now I'm in the process of running it by my title compa...
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Hello BiggerPockets!My Name is Colin O'Neill and I live in Lowell, MA. I am interested in House Flipping for income initially, then transitioning to Buy and Hold for long term passive income and equity. Since my wife ...