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6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build.
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6 January 2025 | 9 replies
I was just hoping to transition it into LTR and since we have newer furniture that fits the space well, it just seemed a shame to sell it all to do an unfurnished LTR, but again, I'm having a hard time understanding how logistically some of the details are worked out with that with furniture involved in an LTR.Thank you again for the support!
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4 February 2025 | 0 replies
Was sold above the asking price within days of listing.High ROI: Achieved a 50% return on investment due to low renovation costs and increased sale price.Investor PerspectiveRecognized the potential others overlooked by seeing beyond the property's initial appearance andm aximized profits by investing wisely in visible, impactful areas.
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21 February 2025 | 2 replies
Original investors are taken out plus profit in the sale.
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7 February 2025 | 3 replies
There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.
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10 February 2025 | 3 replies
If you live there 2 years or more before selling you will be exempt from tax on the 1st $250k in profit which is a nice bonus.
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20 February 2025 | 25 replies
Looks like you will have a nice profit spread!!
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25 January 2025 | 5 replies
As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.
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2 February 2025 | 22 replies
So for the additional three bedrooms, I plan to Airbnb and/or expand the shared-housing community I currently have for women in transition at my duplex .
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28 January 2025 | 12 replies
Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund.