Richard Wedlake
How to grow my remodeling business
I’ve recently relocated my family/business to Washington State. Im busy and turning work away on a daily basis which is now starting to frustrate me. I’m looking for a mentor that can advise and guide me in the right ...
Robert L.
How to report flip fees in LLC tax return
Hi, I know this is a question for a CPA and I will schedule a meeting with him, but in the meantime, I wanted to see for those of you who might already know....I have an LLC that contains 5 properties and I have been ...
Ratna E.
Lender's req on borrowing money for investment property
Hello BPers,I can't thank BP enough for the motivation it gives me every day to pursue my real estate dream. It is a great platform to learn and be motivated.I'm in a situation where I'm under contract on a SFH and I'...
Joseph Ret
Tenant not paying rent
Hi,I am looking for a bit of advice and guidance about a tenant who owes several months in back rent. I have already taken them to small claims court and we have agreed that they would pay the entirety in full by the ...
Jason Foster
Seattle DADU questions
Howdy! I'm a homeowner in Seattle, and I'm thinking about building a DADU in my backyard, primarily for business use. I'm a therapist in private practice, and generally see just one client at a time. I have a few q...
Account Closed
New BP Member in Southern CA - Ready and looking for a deal!
Hi All! We are a husband and wife team in the Southern CA area and we are new to Real Estate Investing. My husband, Jacinto, is in the US military (stationed in Alaska) and will resigning in a few months. I, Jacquelyn...
Adam Johnson
Self-Directed Loan Legalities
A friend of mine and I plan on rolling over old 401k's into self-directed IRA's. We then plan to loan each other money, and use that money to flip houses.So, I loan 80k to him, he loans 80k to me....we have 160k to bu...
Cheyenne Davis
Quickest Way to Remove "Fraudulent" Mechanics Lien?
I'm hoping some of you experts in the community can share an answer or idea which may expedite the process of getting a mechanics lien removed. We used a company to renovate on of our properties and it turns out that ...
Brian Huber
How do attorneys typically charge for creative financing documents?
Hi, I've contacted a couple of attorneys stating that I'm preparing to launch a direct mail campaign and there (hopefully) will be leads which I'll want to do Subject To or Seller Financing transactions.I asked the at...
CL Ziegler
$500,000 cash on hand; Do I buy outright or divide and borrow?
I am weighing whether or not it's best to, say, buy five 100K properties outright......or pay 50K down on ten properties since credit's fine and borrowing is not a problem.Anyone got advice for me on this?Of course, i...