The rental market is still extremely hot and prices are high with inventory low, but I have still been managing to cash flow on the new purchases.     

Hi all -- I recently purchased 13 acres and built a 10K SF warehouse/office space for my business.I'm looking to begin developing the rest of the land with some contractor garages.

Why do you think purchase contracts are so long and have such small print?

For example, if I were to purchase a home for $1M, fix it up then sell it for $1.4M, how much of that $400k gain would be taxed?

I originally created an llc to purchase the land, however decided after to buy it in my name and transfer into the llc after the house is built, rented, and refinanced.

I see some banks posting it online for bidding on Xome.com and some and posting on MLS as a foreclosure purchase.

Unfortunately, the cash-on-cash return isn't the same due to the interest rates.Should I proceed with the purchase now, or wait for interest rates to decrease before re-entering the market?

Purchase price: $30,000 Sale price: $63,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Bob Taylor, successfully completed a deal on Wellsley St NW, Roanoke, VA.

Purchase price: $200,000 Sale price: $250,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Brittany Scandra, successfully completed a deal on Tower Bridge Dr, Pasadena, MD 21122.

I purchased a duplex with 2 sets of tenants just like yours last July. after going thru the process with the first ones and paying a flat rate, I was able to negotiate A split rate for first the filing and then the court appearance.