Chris T.
Hello from Charlotte, NC
Hello, I have been a member of BP for a little while now, but never made the introductory post. My wife and I have lived in the Charlotte area for a while now and purchased our first rental property this past year. ...
Sophia Berry
How much to charge Builder if they go past deadline date
Hello all,
I bought 3 lots in a subdivision and will be finishing up on the 1st house. Before starting the 2nd I wanted to put into the contract a clause that indicates a daily fee if they go past the due date. Does...
Francis Rusnak
After acquisition, how fast do workers begin
In a perfect world, the General Contractor will have his guys in the property right after you get the keys on each new flip. But how long does it normally take to get workers in the house; assuming you couldn't get in...
Joseph Hammel
Funding a solo 401k from rental income.
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
Lily Lee
Tax for hiring kids to help rental
Hi. We have several rental property under personal name not LLC yet. My 12 and 14 years old have been helping with rental a lot especially over the summer, they pretty much did all the paintings plus lot other jobs. ...
Ryan Moore
Success with Maintenance
Hi, I’ve owned a 4-plex in Phoenix for almost a year now.The building had deferred maintenance issues that are hopefully being weeded out and corrected as we go along.How do I as the owner setup the building for succe...
Frank S.
Have you used Upwork and Turbotax to get your taxes done?
Hello, Have you used Upwork to get your taxes done? Tax preparation is complex, but TurboTax Software really takes the guessing out of it. Especially, after reading Every Landlord's Tax Deduction Guide - Stephen Fishm...
Keli Wood
VA Beach newbie to this site
my name is Keli and I live in VA bch with my husband and daughter. Love the vibe I get from reading over articles and forums here. I can totally relate. Experience includes; former RE licence, former contractor lic...
Sam Monderer
real estate sales person license
Hi, i am trying to obtain a real estate sales person license. Any recommendations as to which company to use? I live in long island ny. Should i take a course in a class room or do it online? Anyone have any experienc...
Dain Herrala
New Investor in Minnesota
Howdy all, I'm new to this game and am searching around for my first deal. Located in the outskirts of the northwest suburbs of Minneapolis and looking at possibly doing a house hack to begin with. This could possibly...