Tracey Hamilton
Tax reporting of a single flip property vs business LLC
Hi All! I am wrapping up tax prep on my extension for 2018. I am thinking creative thoughts about how to handle the real estate flip project that we began in 2018 and completed in 2019. Let me know how you all thin...
Jwaun Burnside
Buying your flipped home
Long story short a family member is interested in buying one of the homes I will flip through a HML. My name will also be on the mortgage once they purchase it through a conventional loan. If I did that would that int...
Isaiah Doss
The only dumb question is the one not asked right?
I seriously need help on my current situation. I’m dealing with a seller who doesn’t want to go to a title company or attorney for closing. We’ve agreed on a bond for deed, but my only problem is that he wants to keep...
Logan Larochelle
First time rental advice
I’m currently fixing my house up it’s almost done in a week or so. The house is fully paid off. The question I have is:1. How/where do you go about posting your listing for rental2. How are you screening potential ten...
Al Kirk
Mortgage Note Investors
Hi Guys,I'm a newbie in private mortgage note investing. I am interested in cash flow, so performing 1st lien notes are my interests. How do I find other private investors/mentors to help me in this area and possibly ...
Mariah Porter
I found a corroded drain hidden in a basement bedroom
I've been having some mysterious water issues and my carpet got flooded in the dead of winter the other day. It seemed very strange because I did a test with a pressure gauge and there was no plumbing leak, and the gr...
Michelle Ellis
My First Land Development Deal - $50k in 6 weeks
Investment Info:
Single-family residence wholesale investment in Leander.
Purchase price: $208,000
Cash invested: $400
Sale price: $260,000
7 acres with pre-1968 manufactured home. Sellers wante...
Amit Shukla
To LLC or not to LLC
Sorry for bringing up this topic again. After going through multiple post on this topic, If I summarize, some people are saying that it is necessary to have it under LLC and some don’t. I understand that everyone's sc...
Minnina Smith
Just Starting Out & Have Questions
When you are just starting out with purchasing properties to turn into rentals. Where should I start? What are the basic steps? Is there a beginners guide I can reference? What is the ideal credit score lenders are lo...
Ben Polansky
Maximizing Real Estate Professional Status
Hi BP - first time poster here! I own a few properties in the Los Angeles area with a partner. This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions th...