
22 January 2025 | 22 replies
I would be much more specific on pricing.

11 February 2025 | 5 replies
Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying.

8 February 2025 | 12 replies
That's actually what I did myself when I moved from Portland Oregon to Columbus Ohio (got priced out of my own market)!

18 February 2025 | 8 replies
Unless they are offering much more cash than you can get on the flip (After lowering the price), it doesn't make sense to take the risk and sell sub-to because most of these loans are not assumable and you will take on the risk of "due on sales clause"

4 February 2025 | 1 reply
Purchase price: $240,000 Cash invested: $39,000 Sale price: $342,000 Held property for 3 years and rented out the property for 2 years with a rental profit total of $22100 How did you finance this deal?

20 January 2025 | 33 replies
It just lacks the opportunity for commute and restaurant scene.

8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

20 January 2025 | 0 replies
Purchase price: $145,000 Cash invested: $60,000 Fully renovated 4-5 bedroom ranch on 3.3 acres.

27 February 2025 | 13 replies
You need to decide what you like in terms of communication and then determine what price you are willing to pay for that service.

6 February 2025 | 4 replies
Having said that, prices and rents are higher in the Bay Area in CA than many in the lower-priced states, so it might justify the investment a bit more..