My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600).  We so often find a big push back when you request to do this...

Hi!! I am hoping to hear some advice on the best way to get started educating myself on medium/long term rentals. My partner and I bought our first property this year and while we are living in it currently we don't p...

I've owned a small rental property for 18 months now. One of the units is occupied by a low income family: two parents and their two teenage children. These tenants were in place when I purchased the property, and I k...

Good Morning BP Family,I currently own 1 tri-plex and i have a couple offers on the table for a few more small 2-4 unit multi-families. I've been mulling a this question over in my head for a few days and wanted to ge...

I have been looking for a private lender and have an acquaintance interested.  However, rather than be a lender at 8-10% interest for short-term loan, he wants to be a 50/50 equity partner.  Is this common?  I am look...

Good Morning,I thought I saw a thread here several months ago relating to what can and can't be deducted on rental properties vs. flips.  Unfortunately, I cant seem to find it now.I have a home that I initially intend...

Has anyone has any experience with Funding for Flipping? It keeps coming up on my Facebook news feed. I put my info in to met more detail, and have a phone call scheduled tomorrow.

Good day everyone! How would you consider structuring this deal?The narrative...We currently have a successfully operating retail based business. Recently, rather than continue to lease properties we operate our busin...

In March of this year we purchased a non-performing 2nd deed of trust in the Silicon Valley area of CA.  We attempted to work out a loan modification with the borrowers but ultimately needed to foreclose as they were ...

Hello BP Members,I'm somewhat in a unique position where I have great funding sources, and a strong ability to get residential deals bought, fixed and sold. I have several agents that work with me directly that have b...