Michael Plaks
QBI calculation for Sch C - accountants are confused, too
Guys, we know that 20% applies to the Qualified Business Income (QBI). Let's ignore service businesses, phaseouts and all other complications. Let's take a wholesaler netting $100k. So, he just gets a $20k below-the-l...
Sean Anayah
Expensive chimney repair quote
Hi all,
This is my first time posting. I own a small 2 bedroom bungalow near downtown Sacramento that was built in the early 1900's. It is rented out and the rent covers the mortgage. The tenants asked that I call a...
Patrick Philip
How does this large firm make money on this retail property?
https://therealdeal.com/miami/2017/03/29/thor-equi...You see this large firm? Okay so they bought this property for $15 million. It is 5,000 sq. ft. and rents for $300/sq. ft./year. (It doesn't actually say the rent f...
Rj J.
Buy, Renovate, Rent, Refinance, Repeat strategy questions
Hey BP! I'd love to hear anyone's experience using the BRRRR strategy. What are some key takeaways from your experience?What's some things you would do different?What are the advantages to this strategy?Can you share/...
David Tower
A few direct mail questions
1. Is it too soon after Thanksgiving to send out yellow letters a couple days after the Holiday? If yes, how long should I wait?
2. Once you have someone's phone or fax number that is on your yellow letter list, do...
Account Closed
What part of rental income do lenders consider?
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Tom Carmody
Condo Hotel (Condo-tel)
I’m newer to investing and came across a condo for sale in Florida which apparently is a “condo-hotel.” My understanding is that the building will rent this out for you and take a percentage. Does anyone know both the...
Carl Rowles
Is it worth it? Mobile Homes?
I'm getting more and more FB ads in my area for mobile homes for sale. Some have been redone, others are a "handyman's delight", but I'm curious if it really matters if all the numbers work? I guess there's just a sti...
Daniel Porter
My biggest fear happened: a break in
Well today it happened folks. Got to the property I am currently rehabbing and found the door kicked in, with all my tools stolen. This is my first property, and I’ve been rehabbing it by myself for the last few month...
Masyn Grant Barney
Small Multifamily Only Works 1 of 4 Ways Right Now
Small Multifamily (2-4 units) Only Works 1 of 4 Ways Right Now
1. Large down payment sacrificing Cash on cash return. You may be able to break even or cashflow, but you'll be putting 25%+ down and your CoC will b...