Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Orion Hernandez
Should I buy a rental property at 19
I’m 19 and I’ve been looking into buying as holding a rental property. should I do it? Or should I go another route like a fix and flip? Another thing to add is I don’t have the funds to buy a property, as most 19 yea...
Dan Rudolph
Requested: A story about a RE Crowdfunded debt deal gone bad
I have invested in over 40 RE debt deals on various crowdfunding platforms. The oldest is about 8 months old. Every one of them is happily chunking along paying 10%+.I am currently in the too-good-to-be-true phase. ...
Melissa Dinas
Starting rehab on my first flip - FOLLOW ALONG!
I closed on this beauty earlier this month (Dec. 2018) and it has been quite exasperating dealing with the seller and the hard money lender! She's a 3/1, 1,200 sqft home in East Point, GA - a perfect starter home if y...
Aaron Thivierge
negotiations on a 4 unit multifamily in Jacksonville, fl
Good morning, BP. After closing last August on my 1st investment property, I have closed on another SFH rental. Both of these properties are doing great. I find myself now in discussion with an older owner of a 4 plex...
Kyle H.
Virtually NO Maintenance Reserves Needed for Property Analysis!
Hello everyone - I am starting this topic because I am curious to know 2 things:1) Is there anyone out there doing this with success?2) What your thoughts are around this subject, in general.My uncle owns (outright)...
Shelon Hutchinson
What is a multifamily syndication?
Syndication is a big word for a simple process that is not easy. Feel better? Okay, let me break this down “parade rest” (to its simplest form). To put this simply, the process as it applies to apartment syndication i...
Ben Kirchner
Analyzing propoerties to live in, then rent out for cashflow.
I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year. The idea would be to then move into a new primary residence, and rent out o...
S Harper
Tenant applicant - Chapter 7 discharged 6 months ago
I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
Nathan Gesner
Funniest excuse for not paying rent?
Share your funniest excuse for why the Tenant failed to pay rent!