Hi, I am wondering how folks structure flip deals when they joint venture with a contractor? Who pays the costs for the rehab and how do you structure the profits. Thanks for any ideas!
Hello BP, I am a new investor looking to get started in NC pretty soon. For the past year now I have been reading up on different methods of investing in real estate and now I think I'm ready to get started. After car...
Short: Can the Cost Seg Study result vary based on "WHO" does it? Should I shop around?Long:Thanks to my awesome CPA, I've learned about STR Loophole and embarking on the first cost-seg study. As a noob, I wasn't sure...
My spouse and I own a building in an LLC. I am a 51% partner and my spouse is a 49% partner. I rent the first floor to a business and live in the second floor, my second home. Can I take 50%(the non business rental ...
Hi all,
We are transiting from excel to Quickbooks, just curious for those who has experience with Quickbooks do you use online version or desktop version?
Is it huge difference?
Thanks
In a world of APPS; what are some of your favorite apps for REI? I just purchased an IPAD for business purposes (tax write off). I have the MLS listing apps; such as Zillow, Trulia, and Redfin. I also have heard of...
Hello everyone. I have a small contracting business. I have 100k to invest each year. 50k i put in the market(index funds) and 50k to put into rental properties under my business corporation. So the rental properties ...
Hey BP!
I am getting ready to submit offers in oregon. I am partnering with a contractor on the initial deals. As far as creating a business, the only thing I did was create an Inc. online through the state s...
I was searching the BRRRR group on Facebook and came across this post. How do I know if it’s a scam or not? I reached out but he won’t talk on the phone. Wants a $1870 fee up front and only 5% interest for the amou...
I have a friend who's mother recently passed and has inherited her home. The home is in a desirable area with a school district with a good reputation. The home is about 35 years old but needs rehab, about 75K worth. ...