Hi all,I have just started looking at investing in our first flip. We have been heavily involved in bidding on homes in our area for a couple of weeks. I have an uneasy feeling that certain bids we have lost out on ar...
Hello bp,Newbie question, I would like to ask for some advise on dealing with contractors for out of state investors.I am in the process of building out my team and came across a good agent, a lender and would now lik...
Time to file your 1099 forms but not to everyone you pay. So start cleaning up your books and excel file to identify whom you have to issue the form.First you should have a w-9 form filled out by anyone whom you are g...
Happy new years eve!I am looking to turn my primary residence into a rental property while i live at my brothers house. I am curious what steps I will need to take in order to make this process seamless. I live in Pho...
There are different schools of thought on investing in condos so I’d love perspectives on this deal that looks amazing on its surface… until I found the "gotcha"Background: I’m looking for my second investment propert...
I am currently a small time landlord. I have 2 properties for rent. Both 2 bed 1 bath. 900 sq. ft. . They are both newly remodeled, not top shelf but fairly nice. I had a bad tenant and now I am really desperate for g...
Specifically interested in knowing how he is able to secure these HUD homes at such a low cost (he states that it is a secret tactic he uses.)
Any insight appreciated!
Hello BP,My question is how much is a standard charge a property manager should get. I understand its up to the property or properties they manage so I will give a scenario. San Antonio TX, duplex 3/2 , 3/2 rent curre...
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
I’m a brand new investor located in St Johns County, FL. It’s difficult to find flip or rental deals here so I plan on building entry level new construction homes to build my liquidity. I know that if my #s are right,...