Having built equity in our previous live in flip and wanting a bigger property and home but not wanting the big mortgage so we stumbled into the idea of buying a place with a rental.

Investment Info:Single-family residence fix & flip investment.

Revenue from flips can look like a booming business when the reality is most of that is lost in acquisition... seems like the true “revenue” would be the premium sold over acquisition price.Also holding 600k in debt to have 6k in monthly rev doesn’t look great eitherhow are you all going about valuing your businesses??

I've had a maintenance person that will usually get in and clean, repair, paint, and do everything needed to flip an empty apartment into one that is rentable when a tenant vacates the property.

Hey Guys, I partnered with my college buddy on a flip, I've been researching and looking to get into it on my own.

I have been investing, buying, flipping, holding, wholesaling, managing Detroit for years.

I currently have a rental property I bought for $79k that is being leased out currently with the same tenants in it for 4 years. I have around $69k left on the loan (FHA). The value as of today stands at $100k. I want...

Generally, you would report in the Schedule C if your income was related to activity that is generating ordinary income (such as Flips).Unless your income (AGI) is greater than 150k, you should have been able to deduct the Losses from your rental activity.

This would be flip, with an ARV of 225k ...... estimated rehab 50k, missing out on +50k profit ..... so its a good winner, want to fight this out.Any advice, stories of this happening?    

New to REI & BiggerPockets so excuse my “Newbieness”

I would just like some information about both and a different perspective on both. Also looking to meet hard money lenders.