William Arrington
Fire place in an AIRBNB
The current home I am working on has a Wood stove and wanted to know if this has ever caused an issue with one of your properties. The one that is there is kind of ugly and I was originally going to replace it with a...
Ron P.
Accounting for Multiple Flips
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
Ashan D
Ever thought of jumping ship into Business Acquisition?
I've often pondered the thought of intimately learning an industry, scooping up businesses, and building a small empire much like RE investors do. Dry cleaners, nail salons, etc. Sure there's less of them than SFRs or...
Tyler Ellis
Beginner Investor from Marysville, MI
Hello,I am Tyler. I'm 27 years old and I am a newbie to all of this. It all started about 6 months when I read a book that everyone had always talked about, but I never really gave much thought - Rich Dad Poor Dad. Wh...
Christopher Gandara
wholesaling in South Florida??
I've been on BP a lot but i just recently created an account. I'm from Miami and I'm interested to hear from some of you down in SFL on the wholesaling market. I'm 22 years old and I'm currently a MLO. I've been doing...
Marc Biedenkapp
House flipping: business or investment?
Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...
Tony Otis
Why would anyone sell below market value?
New to real estate, would like to buy rental property in the next year or two. I keep reading that I should be buying property at a discount. Why would anyone be willing to sell me a house at less than what it's wor...
Prasad Naik
Do I have a case against Property Management company - Need help
Hello, I am new to this community and this is my first post. I am hoping that as a new investor I can learn more from this community. I do need some assistance understanding if I have a case against the property manag...
Stuart Grazier
Do I need a brokers license to sell fractions
Hi BP,I've been given an opportunity to buy multiple rounds of single family performing notes in Texas (1st & 2nd positions). Most are around the $100k-$125k range (9-10% yield). Unfortunately I am out of cash to ...
Ryan Mullin
Wholesaling with a License within a Brokerage
So my wife and I run a brokerage here in Indianapolis. We do a lot of investor deals but we also do a fair amount of retail stuff.. flips and other wise. Obviously we have to operate under a code of ethics as any o...