Daniel Schiff
Taxes due for flip with married couple both with W-2 earnings
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
Patty Nisbet
Mid term renting question
We bought a house in March with the intentions to rent our basment for Short term. We did and it was decent! November and December took a nose dive. We get most bookings on Airbnb. Not many at all on VRBO. Anyway I am...
Brett Riemensnider
Pulling Equity out for a down payment
Hi everyone. I am looking to buy my first rental property and so far have narrowed it down to a small Multifamily. Unfortunately I only have about $25k as a down payment which isn’t much to put down on a Multifamily. ...
Regina Jones
formula for Rehab costs on Flip and Fix.
I need to know the 2 minute formula for rehab cost. I'm finding homes that have good profit margin but the rehab cost is a little high. What is a formula that will work on most flips? I have one that I use but I wa...
Michael Badin
Partner Buyout with new LLC Multiple Transfer Taxes??
Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...
Bruce Dalis
Investor Carrot
Any NYC area investors using IC? If so, what are your results like?
Alejandro Ferrer
Landlord pays gas and Tenant abuses
Hell bp community, quick question. I’m wondering if a landlord,who pays the gas bill,can tell his tenants to not have the furnace on when no one is at home. Usually during morning working hours. The gas bill has been...
Martin Forde
Experienced Investor Dives into Wholesaling in LA: Strategy Insights Requested
Hello Biggerpockets,
I’m a moderately experienced and networked real estate investor looking to start exploring the wholesaling niche here in LA.
Looking for a gut check of my strategy, and to speak with anyone purs...
Erin Wilks
Shady mortgage companies
Hi everyone,I've had my mortgage recently taken over by another company, I've managed to log on to their online portal to see they are charging me three times the interest than the principal and had a quick look on Be...
Seth Williams
Finding The Right Property Management Company
Finding the right property manager is a big decision that will have a HUGE impact on the success (or lack thereof) of your rental business.
In my conversations and experience with a number of property managers, I've ...