Christopher Smith
Re shingle Roof - Tax Treatment Expense or Capitalize
Will likely re shingle an 18 year old SFR's roof in the next 12 to 18 months. No major structure work will be required, nor removal of old shingles. Will likely run around $6,000. I've seen some fairly aggressive back...
Mac Trader
<3x Income, full year up front?
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
Ember Meadows
Managing a Contractor/Partner in a Fix and Flip
So guys I need your opinion. I have been in real estate for a couple years and for a long time had a partner that dealt with the construction side of having real estate. In the last year i have been dealing with a p...
Jack Henry
So what all really goes into rehabbing a water damaged house???
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Dylan Swinney
Taxes on assigning contracts
I am very interested in wholesaling or assigning contracts to kick off the start of my investing career. I have found a lot of information on the process but have yet to find anything on taxes. Can anyone help me out??
Filkins Susan
GREAT Credit - No Money - But I Need Rehab Loan
Hi again :)
Here is my original thread about the property I'd like to discuss:
http://forums.biggerpockets.com/viewtopic.php?t=10328
We now have a purchase offer in on this property, and must make an application wi...
Dustin Smith
Complex Hard Money Question
Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
Homer Wanamaker
Lead-Based Paint Law in Rental Dwellings
Hello,
My name is Homer Wanamaker with Bay Hill Environmental. As you may already know, the state of New Jersey is implementing a new Lead-Based Paint Law in Rental Dwellings (link below) starting July of 2022.
I ...
Dustin Hope
Business model
What do you guys think of my business model
Our Business Description
We buy mobile home parks and mobile homes to fill the need for afford...
Chinmay J.
Short sales . How would you experienced flippes handle this?
I recently made an all cash offer (with the help of HML) no contingencies except Short Sale Contingency, and Well and Septic contingency for a house that was listed at $129,000. My offer was $90,000. I got a counter o...