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Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
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I'm trying to buy a 4 plex, and live in one of the units.The problem is that the rents are currently too low for the apartments to cash flow with all four units, and the rents would just barely cover the mortgage if I...
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Colorado Springs is finally getting around to drafting an ordinance for short-term rentals/Airbnb/VRBO, etc. I discuss what I see are the important points below, but first ...Two events you might want to attend:TONIGH...
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As a newbie to real estate investing, I would love to hear from experienced real estate investors on their best advice for people starting out on this journey. My goal is to buy my first house hack in the DFW area by ...
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Hello Bp world....I currently own 8 properties free and clear in Orlando Fl. One of the properties i own is a very nice town home that i bought bank owned for 70k ( I also own this free and clear). Me and my wife ha...
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As I work with more investors and rehabbers, I am noticing that their estimated repairs vary by great amounts. I thought the challenge would be to predict the resale value, but it seems that repair costs are the bigge...
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Are turn key properties good or bad for new investors
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Hello BP,I'm a beginning investor and waiting on my pre-qualification to come through from a lender (should find out on Sunday), and I'm working hard to build a really solid team that I can trust. A little backgroun...
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I have the option of going into contract on a new construction sfh for ~425k. 2B, 2B, ~1300 sqft - it's one of those high density new constructions near Rocklin.
My intent is buy and hold for at least 7 years. When ...
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I have a 7 unit complex under contract. 2 units are rented, 4 are in move in condition, 1 needs rehab. my question is, when im dealing with a bank/lender, are they able to use fair market projected rents (just like I ...