Purchase price: $1,550,000 Cash invested: $1,650,000 Sale price: $4,350,000 This project started as a 1,793 sq. ft. single-family home that we completely tore down and rebuilt into a modern 4,441 sq. ft. residence.

Honestly, if a ton of homes get wiped out (like in CA), who really believes they're going to help you in a timely manner?

There is not a one answer fits all 

Sounds like you could have a good start house hacking or do a live in flip!

However, if actively working in the business, the IRS requires taking a reasonable salary (W-2) before taking distributions.Since this is your first project, it’s a good time to discuss with your CPA whether an S-corp is the best structure for future flips, or if a different entity type (like an LLC taxed as an S-corp) might be more beneficial.This post does not create a CPA-Client relationship.

I have used a similar program in Appfolio. 

We just want to get out of the deal, do we have a way out?

I’m back with a national real estate market update, breaking it down in a way that’s easy to understand.

You can offer a 40% discount on midweek stays.

Not firing a bad property manager fast enough.