Hey All,I recently found out that I am potentially set to inherit what would be an abandoned house in the Edgewood area of Dayton. I say potentially as it is a long story with a bit of drama, but basically it was my g...
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
Hi BP
We all had to start somewhere....most likely, a majority of us didn't get it right the first time.
1. What was your "tuition fee" into this business? (The deal/project that started it all)
2. How was it funde...
State: North Carolina
I have a tenant that just moved out ending a year long fixed lease. The lease itself ended 8/31. The tenant called me 7/29 to tell me he put an offer on a house and was hoping to close during th...
My memory has failed me, so I'm looking to the collective memory of BP. I think I heard on one of the podcasts that most landlords in the United States only own 1 or 2 properties. In my mind it came out of @Brandon Tu...
So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
I am interested as a newbie in investing in buy and hold rental properties in NNJ or CNJ. I was wondering what others' strategies are in this regard. I ask because I find this to be a landscape that is filled with ris...
What is the process for removing "popcorn" drywall from a ceiling and will this be worth the cost of doing so? I plan on painting the entire house as well as new floors on most of it. I will be living here for a few y...
My wife and I recently bought a large (3,000sf), unoccupied two family in northern Massachusetts. I'll round the numbers for the purpose of this discussion but basically we paid $440k for the property and have a plann...
I went to my first REIA meeting the other day.... I was surprised to see that there were only 6 other people there.... The guy speaking was a wholesaler/flipper.... After about an hour of casual conversation about thi...