Rigo Medina
Wholesale Deal- Equity Question
I have been doing some tracking of homes wholesalers have offered to me/investors. I have looked at deals I have received 6+ months ago. I have compared the actual home sold price to the ARV estimate that the Wholesal...
Bradley Snyder
Sales tax question N
Hello,
I am looking at buying a potential flip in southern NJ and trying to run my numbers. I am new to NJ but I hear the state charges some kinda fee for selling a home. Can anyone shed some light on this for me I.e...
Daniel Ashby
Driving for Dollars Question
New guy question for you guys:When "driving for dollars" how do you track down the owner information of the properties you are questioning? Thanks for the help!
Kim Forgione
basic BRRRR Refi question
I have a very basic question. Sorry if it's obvious but I want to make sure I'm getting this. Say using the 70% rule, you buy a property for 60,000 and spend 10,000 for repairs. And the ARV is 100,000. Assume you put ...
Brian Coyne
Questions about finding tenants
Hi Denver team - I'm an operator of a tech-enabled rental marketing platform called Zumper Select. We offer a service in Denver (and a few other markets) to large multifamily companies where we pre-qualify leads for t...
Jacob Marriott
New construction finance questions
Hello BP
I am a veteran builder for the last 15 years building custom homes, remodels, and a couple of spec homes. I am looking to build some four and six plexes in a college town in Idaho that is currently short on h...
Ernie Sturzinger
First Time Investor Question!
Hey Bigger Pockets Forum People! My name is Ernie and I am a first time investor. I have been a Bigger Pockets Pro Member for a few months now and am really trying to be cautious while trying to make my first deal wit...
Clayton Barnes
Basement Bedroom Rental Question
What is required for a bedroom in a basement to be legal to be rented in Bloomington Indiana?The room is 11x12 with a closet.I'm pretty sure the room couldn't be considered a bedroom for rental purposes as it doesn't ...
Andrew Gudmunson
Questions on flip financing
I found a vacant property that would make a great flip at the right price. I've written the owner and we've been negotiating some, and I have a local contractor that I'll be partnering with on the deal. My question is...
Jason Carter
1099 and K1 question
My wife and I formed an LLC with a few investors to buy a strip center. We closed in August. In the process of setting up management we have encountered a question involving our LLC and 1099s. Shouldn't management sen...