New to house flipping and just wanted to ask what you guys will spend on kitchen renovations. How much do you guys spend on cabinets, flooring, new islands, etc?
BP Family,I have stumbled upon a deal which could prove to be exceptionally lucrative, assuming my financing plan turns out to be feasible.The property: A marina on a large lake in Alabama. It has 24 boat slips which ...
I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...
This came out this morning from the National Association of Realtors!Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on t...
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
Simple steps on getting your first Deal! Don't overthink it, just do it!
Boils down to these simple steps:
1. Buy a list of records2. Skip Trace the list3. Call the list OR Text Blast
In Detail:
1) - Buy a data li...
Hello All! I've been a member of BP for sometime now, but I have decided to actively pursue flipping again. Many years ago, I started investing in San Diego purchasing properties at the courthouse steps and distressed...
One of the panes (left side, middle) has a BB gun hole through it.How does fix this on this style window??Debating whether I should replace the whole window or not. Plannign for it to be a rental, but want to make it...
Hey all -I'm doing a webinar tonight on Private Lending and I'd love to tell a couple examples of people who have used Private Lending to fund their real estate deals. So... in 200-ish words or less, how have YOU used...