Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

@William SilvaInvesting in states like North Carolina, Georgia, Tennessee, Ohio, or South Carolina offers a mix of long-term and short-term rental markets.

Property values are appreciating, there's strong rental demand, and you can often find properties with solid cash flow.

I had an AO smith with long warranty,   It died at near year 10.  

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

Quote from @Jason Kudo: I have a property in the Joshua Tree market and it's doing fantastic.That's great for you :-) However the OP might want to know if you paid cash, have a loan, at what APR, and all that good stuff that could make the difference for him having a decent ROI.

The properties I have come with instant Cash-Flow opportunity.

I'm looking to connect with other wholesalers, real estate agents, and investors who are interested in off-market deals in the $100k -$150k range.My focus is on finding off-market properties for fix & flip or long-term rentalopportunities, and I'm building my buyer's list as I get started.

These factors may include:Rental incomeBusiness incomeWork bonusesPensionsInvestmentsOne thing to note is that many states allow for deductions from gross income for things like:Property taxesUnion duesAside from monetary obligations, some states also factor in the following:How much time the child spends with each parentCosts associated with health insuranceThe age of the childChildcare costsHow To Calculate Rental Income For Child SupportIf you’re wondering how to calculate total rental income for child support purposes, the payments are based on several factors, but in a nutshell, here are the top three steps that should take place.Determine gross incomeFirst, how much cash is the rental property bringing in?

I'm a new investor in Elmira with a couple of properties and wondering how to find wholesalers or Cash buyers here.