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13 January 2025 | 45 replies
Also, have you considered a specific investment strategy (e.g. rentals, fix & flips)?
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30 December 2024 | 10 replies
I currently live in San Diego, Ca. but have been looking in the midwest, mainly Iowa, Indiana and Ohio, for properties.Hey Janet, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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27 December 2024 | 6 replies
Are you interested in a specific startegy (brrrrs, flips, vacation rentals, etc)?
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13 December 2024 | 5 replies
Quote from @Aaron Provencal: Investment Info:Single-family residence fix & flip investment.
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27 January 2025 | 56 replies
Also, who doesn't know how to flip a breaker?
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20 January 2025 | 19 replies
On the flip side, do they know how to find someone that will offer top dollar this week/month?
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26 December 2024 | 4 replies
I flip here, locally, currently and out of state.
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31 January 2025 | 121 replies
@Jeff Love Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.
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26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".
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27 December 2024 | 16 replies
If it has significant upside value, you should consider flipping that yourself or find a partner who knows what they are doing to flip it and split the profit.