Daniil Grinchak
Tax Question - Building and Selling New Construction
Hi All,I am looking for an experienced tax CPA in Charlotte, NC area. I have questions around taxes for new construction that I will be selling soon. I have searched through BP but still not confident on what I need t...
Jessica Hood
DIY Laminate Flooring Installation: My Experiences!
I have installed laminate flooring in 3 homes now. I am talking about the type of flooring that looks like wood planks, but it is actually a type of pressed micro-board material (something to that effect). I am a hu...
Justin Pumpr
Yet another Cap Ex post
Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...
Account Closed
Has anyone used FlipComp?
FlipComp is a service that supposedly helps find the 'best' deals around. I was wondering if anyone uses it. It has limited to certain areas but if it works I am interested in it. Thanks!
Rachel Gill
My First Flip: Before & After
Although this took way longer than expected due to contractor issues, I'm proud of the way it turned out and happy to report that it is under contract after on 3 days on the market! It's a 3BR, 2 full bath row home i...
Michael Evans
New Western Acquisitions relationship
Has anyone ever worked with New Western in Los Angeles. Just wondered how your deals went and if you were happy. Thanks
Isabel Anness
How much cash did you need saved to feel comfortable purchasing your first property?
I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last Ma...
Bruce Weyer
Rental Property Accounting using Quickbooks Online
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
Siye Baker
What would you do with 400 acres farmland in Ga?
My parents purchased some farmland in Blakely Georgia 10 years ago, with the intention to eventually retire and live there. I have been pestering them to do something with it to generate income. They were leasing 8...
Stephen Spradley
How should I attack this wall?
Hey BP, I’m about to find myself with a lot of free time and thought it would be a good idea to knock out one of the projects in a home I recently purchased. We are tearing these wooden boards off from the bottom half...