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Hi folks. I joined BP awhile back when my wife and I decided that we really wanted to get involved in real estate investing, namely flipping. I've tried to educate myself and have looked at a bunch of properties but n...
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I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
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Ok so I'm looking at one of these...needs some lighter rehab maybe 20k. It's a duplex, rents for the area are about about 1700. They are not way far off from my max purchase price of 80-90k (including rehab costs)...I...
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Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
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I have to replace the roof on one of my properties and received a quote from a roofer. He sent me a copy of his insurance, but he doesn’t have a license because him and his partner split (the license was with the old ...
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I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...
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My dad and his wife recently passed away in February. And since then I was made the executor. They left behind a mobile home that their upside down on. They owe first mortgage $66000 and second mortgage $35500 and rea...
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There was a really great BP podcast a while back where they interviewed an investor who had her renters trained so she wasn’t stuck unclogging toilets and things like that. I can’t remember which podcast that was, but...
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I am really hoping that the professional real estate experts (or even just really smart people) in this forum can help me!!
I have been trying to purchase a short sale property in Colorado for almost 10 months now and...
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Hi - I'm a new investor and I’m trying to figure out what a good, hypothetical, Buy & Hold deal is in Austin to get cashflow. I'm struggling to see what I could realistically buy that's profitable (even if I hustl...