What has been the hardest part of flipping for you? Was the hardest part different when you first started vs now that you have a lot of experience under your belt?
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
I want to get back into the property investment business. I used to buy and flip SFRs until the bust came in 2008! I lost all my properties. This time i want to invest in Multi family apartment rentals. The most impor...
Why don't we use this post here to ask anything you like? My expertise are wholesaling and ACTUALLY MOTIVATED seller lead generation. Not the BS everyone tells you to do like lists, driving for dollars or cold calling...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
I called the county permitting office and they do require a permit to replace a water heater. Since it's highway robbery to pay a licensed plumber to do anything, I was wondering if most people ignore the permit issue...
I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about t...
I HAVE A FRESHLY REMODELED 4BR 2 BATH HOUSE THAT I'M TRYING TO GET RENTED. I'VE SET THE PRICE A LITTLE HIGH BECAUSE OF ALL THE RENOVATIONS I'VE DONE AND PEOPLE SEEM TO BE BALKING AT THE PRICE A LITTLE. I'VE HAD LOTS O...
Ok I really need help I just bought this property and the tenant has dogs. After looking at the contract the tenant isnt allowed dogs according to the contract. When I approached the tenant about it I found out he has...
Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...