Purchase price: $500,000 Cash invested: $70,000 Sale price: $725,000 Creative financing purchase, fix/flip with retail sale.

LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process.

I was looking at some online real estate courses and they cost thousands of dollars so thought it might be better to invest in syndication and get 15% or more returns.

It should retail for $140k.

Join online groups or forums for direct feedback and recommendations on agents.

-One of the cheaper options I have found is TaxAct Business ($140 + states), and TurboTax Small Business ($739 + states).The issue I am potentially running into, and I am not sure if the online software's mentioned above can handle (they won't tell me unless I pay for advice), is figuring out how to make sure the losses/initial capital contributions are reflected on my K-1 and not my business partner, since I made 100% of the contribution.

I thought that these were in person until recently when I read a news article that Senate Bill 140, which passed in 2023, allows sheriffs in Louisiana to conduct foreclosure auctions online.

Tactics: Online advertising (e.g., Google Ads, Facebook Ads targeting potential homebuyers or sellers).

.- You may be charged back for something that was done months ago (that will catch you completely by surprise when you have no money left at the end of the month and may even owe them);- They also advertise vacant units on rental platforms with weird fees (which you'll find out later when looking for your unit's ad online).

If you buy them online in bulk they're really cheap and I think it makes a huge difference.Lastly, DoorDash and other apps like it are incredibly useful.