I just went to a website to apply for pre approval and they require 15% of the loan amount in the account, is that the norm now?  Back in the day it didn't require this but it has been several years so I figure I woul...

I don't post much here but needless to say I have learned a lot here . Been Flipping and Fixing ONLY about 45 years !! Not really looking to do more deals ,Happy with where my family and I are at in life . Here is the...

I'm new to flipping houses.  Anyone have a Chart of Accounts and Items List they could share that would be helpful in setting up QuickBooks?

I have a sewer drain line that separated when we lifted the foundation on our SFR causing the sewer lines to fail the hydrostatic pressure test and I'm getting bids to fix it.  Some plumbing companies say they will pu...

I'm in Houston TX area.  I have 3 real estate businesses I started 3 years ago. 1)  Sole proprietor Fix and flip business: doing 15+ properties per year all cash with 6 to 9 properties in inventory.  2) Sole proprieto...

Q: If I want to do multiple fix/flips and own several rentals, Should I have an LLC, and a separate S-Corp, with rentals in LLC, and Fix and Flips in S-Corp?Am a new REI, and plan to purchase several houses each month...

Hey Fellow BP Fans,I've had an opportunity arise in which I may be able to purchase a set of three 4plexes in a bundle.  The seller isn't interested in any sort of wrap or seller finance so I would like to purchase th...

I currently have an LLC that I have for a commercial property that I own and lease. I am going to close on a fix and flip soon. Should I put the fix and flip in a separate LLC and should each subsequent fix and flip t...

I'm currently in contract for a triplex. Its newly renovated and has been on the market since December. The previous buyer did not push through because he lost his job during covid. When we made our offer at less than...