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10 December 2024 | 8 replies
Quote from @Deborah Wodell: Hey everyone,When it comes to fix-and-flip projects, the down payment and closing costs can add up quickly.
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9 December 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment in Riverwoods.
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10 December 2024 | 1 reply
I just fill out the seller's disclosure and tell everything I found and fixed and don't hold anything back.
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18 December 2024 | 0 replies
Are there people in Fort Worth that are actively involved in wholesaling and/or fixing fliping?
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15 December 2024 | 5 replies
Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!
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17 December 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
20 December 2024 | 2 replies
If so, you can't really pivot to short-term rentals there and have to capitalize on the inn vibe and in-house services.My major question is why is the current owner, who bought it after it sat vacant for twenty years, looking to sell you the problem they can't fix?
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18 December 2024 | 12 replies
Are you aiming to lower your monthly payment, shorten the loan term, or switch from an adjustable rate to a fixed rate?
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20 December 2024 | 20 replies
The case I was interested in was distribution, leading to income reported in K1 (e.g. depreciation doesn't match the income made that year).