What are some of the hidden costs associated with buying and flipping houses?
Long Island is quite strange because NYC, JC, and CT are right next door, yet LI's fundamentals are making my head spin.Both in NYC and Long Island, the net income from job would be about the same after the LIRR/MTA/c...
Hi BP members! I had a tax question that I can't seem to find any info about online. The CPA's I've spoken with haven't been very creative in helping come up with solutions. A close friend of mine took a large capital...
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...
Hello All,I have recently teamed up with two other people to form a partnership pursuing MFH in the Philadelphia area. Originally, we thought it would be best to form an LLC, but after consulting with a few local inve...
Hi,
I am a physician employed at a university hospital with W2 income. I have 403 and 457 retirement accounts through my employer.
I plan to get my real estate broker license this year and I wonder if I am eligible ...
Piquing curiosity between Long Term Investing vs. Short Term Investing
Ever wonder about the difference between the benefits of short term vs long term properties? Balancing your investment portfolio is an ongoing ta...
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
So Rochester, NY colleagues with property within the city . . . what are your thoughts on the recent news that the Mayor expectes owners/landlords the responsibility party for removing snow on sidewalks, regardless of...
Hi all,I am working through the details of my first potential buy and hold opportunity, and I would love feedback from the BP community on both the analysis of the deal as well as creative financing options, if availa...