Cade Andersen
First Flip Offer Accepted
Just got my first offer accepted on a fix and flip. It will mostly be cosmetic work no major renovations. Any tips or info anyone can pass along for my first one? Closing in about three weeks paying cash. Doing all t...
Mapo Cramer
Help - buying a small property management co in the Bay Area, CA
Hello, my husband are comtemplating and talking with the owner of a small property management co. to buy her business. All units she manage are HOA condos.
We would like to take over her business and keep her busin...
Kim Durst
So much money coming in and going out of every direction, help?
Hi allWe are worried about losing grip on our finances and need advice. There is money coming in, going out, receipts coming out of ears, bills to track, expenses, two businesses to run, taxes, etc. We want to hire so...
Cassandra Sifford
Buying Properties in The City Historic District ... Pro's & Con's
Good day BP! I am interested in buy and hold's of multiple MF vacant properties located in the Historic District of Wilmington, DE (West Center City, Trinity Vicinity and Quaker Hill). Most of them are also owned by...
Stephen Kehoe
Baltimore Bans Security Deposits Requirements for 10+ Unit Owners
What was passed
Baltimore city council just passed a bill requiring owners of over 10 units to offer alternatives to security deposits. Alternatives include paying in installments and paying for insurance.
What now...
Stanley Yang
How to transfer property title from two-member LLC to ourselves?
My fiancee and I own a rental investment property under our LLC (structured as partnership; 50%-50%). The property was bought with cash in August of this year, and it's in San Bernardino county, California. We just ...
Evans Wright
Need feedback on holding a plumber accountable for damages
Hey team,I received my owner's statement from my property management company and saw a charge of $1100 for water remediation. When I inquired about the charge I was told that a plumber went to replace the igniter on ...
Nick B.
How to convert traditional IRA to Roth and pay very little taxes
I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...
Account Closed
Do I need a CPA?
Hi Everyone,I bought my personal residence this year, rented my property on airbnb and finished a flip as well. The flip just hit the market recently but it's not sold yet. I spent about 60,000 on the rehab. Should I ...
Matt Burgess
Private Money Mechanics
Hi everyone,My partner and I are looking to start using private money as a financing option for the BRRRR strategy. We understand the high level concept (how we pay them back, benefits to them, benefits to us, etc), b...