
23 January 2008 | 5 replies
Is it possible to refi a sub-2 property and if so does putting it back on the market with seller finance a good ideal.

8 April 2016 | 10 replies
I deal with short sales and rehabs.

24 September 2015 | 3 replies
If lots, then keep good records for contributions, draws and equity splits.Revenue:Rental IncomeOther IncomeExpenses:HOA FeesMortgage InterestProperty InsuranceProperty TaxesRepairs and MaintenanceProfessional Fees (such as accountants and lawyers)(Anything else on Schedule E that you doOther:Interest IncomeFlipping Business should include:Assets:Cash AccountsMortgage Escrow Account (if appropriate)Projects in Process (one for each project, ideally)Tools and EquipmentDeposits and Prepaid ExpensesLiabilities:Accounts PayableMortgage Payable (one for each property)Other Loans PayablePayroll Tax Liabilities (as applicable)EquitySame as aboveRevenue:Property Sales RevenueCommissions Revenue (if applicable)Cost of Goods SoldProject ExpensesExpenses:Most of your job expenses will be recorded in Projects In Process as an accumulated asset and then moved to Project Expenses when you sell the project, so there's no real need to separate out expenses such as Materials, Subcontractors, Holding Costs, Utilities, etc.

7 November 2015 | 7 replies
Situations conducive to have activity of termites is a whole other story, plants abutting the structure, wood fence posts against the house, any pathway from earth to wood contact, moisture (they have to have moisture and hate the sun or they die, a leaky hose bib on the side of a house is a target), its like Mars, The Martian Movie, without or within without, they will die...

6 September 2015 | 3 replies
These apartments include gaming rooms, workout rooms, 50+ person movie theater, etc.

1 August 2015 | 1 reply
Ideally an attorney in Prince George's or Montgomery county.If this is not the correct place to post this, my apologies.Thanks!

1 September 2015 | 10 replies
I currently lose about $150/month on it and while that seems bad, my tenants have been paying down over $8000/year in principal on the unit and I'm able to depreciate the value of the unit and my paper losses against my other, better performing rental properties, so while it's not ideal, it's not a complete loser.

13 June 2015 | 4 replies
Ideally, I'd like to find a wholesaler with some good opportunities there, but I can buy off MLS if I need to.

21 June 2015 | 6 replies
Ideally, I would like to be able to compare returns future buy and hold real estate, with my buy & hold stocks.I understand that there are other important parts to this model (depreciation, expenses over time, etc.) but I want to start with the basics (just price appreciation).Many thanks for your opinion.Sanjay

3 January 2019 | 26 replies
Buy in a desirable area, near the metro if possible so it would be easier 1. to market it, get many applicants and have more choices to select a good tenant. 2.) ideally get more professionals/steady income renting who will hopefully give you less headaches.