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I am going to invest on my first flip with a small group of 3 other investors (family/friends). I am wondering how i deal with tax ? Say i make 50k in profits. Do i pay the tax on the 50k and then distribute everyones...
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Hello BPers
Curious to hear what would be your next steps on this type of property. HELOC or Cash out refi.
I just completed the rehab to the top unit of my Duplex and placed a great tenant. Purchased the duplex in...
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BP, I have a 7 unit apartment building that I have a bunch of equity in. Is it possible to get a line of credit on this property much like you would get a HELOC on a SFR? Right now, my only understanding to how to get...
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I have had these tenants for a year now. They’re always calling me to fix little things. In the past two months they have been late and I have informed them to add late fee to the rent payment, but they don’t submit i...
Hi, my wife and I are new to real estate investing and have decided that we are going to take the buy and hold rental property route. we live in Rochester MN and the market is pretty high right now. We were discuss...
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I am an out of state buy and hold investor located in Northern California with two single family homes in Arizona. Yesterday, after three years with the same PM, I took the step to terminate their agreement.The final...
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As investors we are always hindered by how to get the money. Well, the SEC made it a little bit easier...sort of. We can now solicit accredited investors for private offerings, but the remaining rules of Regulation ...
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Any Minnesota investors out there can share who they are using for lending on rental property? Twin cities area. Looking for a portfolio type lenderI recently talked to one who wanted me to buy and rehab cash, get it...
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Negative Reviews Can Be Good for Business!
I just came upon a fantastic article about Negative Reviews online and thought it appropriate to share with the readers of our Guru Review forum.
This article talks about ...
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Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...