Francys Ramirez
Empty Lots - Are they worth it?
I have a client who is considering investing in an empty lot in Detroit. People are under the impression they will make a fortune holding on to these empty lots, but I am not so sure. There is of course taking into ac...
Eric Williams
Disregarded Entity Qualification: Married Couple in Community Property State
Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...
John Voychick
Memphis turnkey properties?
Hey guys, I'm new to bigger pockets and REI. I'm considering out of state long term rentals in Memphis. Does anyone have any opinions on turnkey management vs buying and using my own PM and handyman?TK has some ben...
Sam Alberry
Help Please Rehab project cost
So here is my 1st SOW submitted to me . This is a contractor who fits the bill as far as the best practice of going to home depot or Lowes and finding a contractor who is there first thing in the morning I have rec...
Blaine Alger
SUB TO Mentorship Program With Pace Morby Review
Hey BP, I have been looking into doing the SUB TO creative finance mentorship with Pace Morby and was wondering if anyone has completed it or knows anyone who has been apart of it. I have heard a lot of good things ab...
Max James
Being smart with your shared furnace & $
Curious, as it's starting to get colder here, I'm thinking about when I will fire up my furnace for my four family and what temperature to set it to.
When do you other landlords fire up your furnaces and what temp do...
Jason Appel
Building an Investing Criteria/Checklist
Hi all,I am curious to hear how to go about preparing their criteria/checklist that I should look in a potential investment (for Buy and Hold rentals), and what indicators I can look at in order to maximize my investm...
CL Ziegler
Expenses, Repairs -vs- Improvements
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
Sophie Latapie
House hacking in Los Angeles, CA
Hi all! Newbie, prospective investor here. I'm hoping to house hack a duplex in Los Angeles County for my first investment property, but my mortgage banker (who's also an investor) said it's pretty much impossible to ...
Abraham Lowy
dose the 70 percent role still exists ?
my story begins for about 7 mounts ago when i had 200 k to invest . i was looking for a fix and flip deal so i asked my broker for that, and he brought a deal, claiming that that's should be a...