Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Letitia Harris
fireplace question. Is it worth it to remove one?
Hi all,I'm looking at a prospect that has a fireplace chimney that's separating from the house. It has pulled away 2 inches at the top, towards the roof. It has some issues that'll need repairing, along with the sep...
Alex Huang
BRRRR Newbie Questions
I understand the over-arching principles behind the BRRRR strategy, but I have some questions that i was hoping some experts could answer below.I've purchased my first property in cash. I expect to be all-in at right ...
Dovid Staples
Opendoor & Offerpad; What's Their Angle?
I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
Will Barnard
The Truth about Wholesaling!
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Rick Howell
What You Need to Know to Generate and Use Extra Money
Rental property owners often focus on cash flow, and for good reason. After all, if the money isn’t coming in, it is hard to justify keeping the property in the portfolio. At a very high level, cash flow is what’s lef...
Rick Howell
Cash Flow: What You Need to Know to Generate and Use Extra Money
Rental property owners often focus on cash flow, and for good reason. After all, if the money isn’t coming in, it is hard to justify keeping the property in the portfolio. At a very high level, cash flow is what’s lef...
Alida Rwabalinda
Can I buy a rental with a relative through a self-directed IRA?
Hello everyone!I have been consuming all the great info from biggerpockets for 18months now but this is my very first post and I am excited to get insights, suggestions and particularly legal advice for my situation.I...
Harvey Yergin IV
Telling sellers you're going to move into their house?
A slimy trend we're noticing in Columbus, OH. I'd imagine it happens elsewhere. Investors telling home owners that they plan to move into the house if they buy it.Are you using it?
Jeff Cliff
IKEA kitchen cabinets pros & cons
Hi,I am considering IKEA kitchen cabinets for one of my properties which I will be rehabbing and staying in for a few years now and then renting it out until I am ready to retire in another 25-30 years.unable to decid...