3 June 2024 | 7 replies
The 50/50 profit split is legit.You pay a partner fee to get started.They pay for the houses, repairs, etc. and you split the profits 50/50.Buy box is residential 1-4 units and 65% to 70% of ARV (house plus cost of repairs total)
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2 June 2024 | 112 replies
Also do you know where to buy, how much to pay?
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3 June 2024 | 2 replies
(My plan is to consolidate that debt and pay off loc within 18 months, then potentially use it as down payment on another building)I’m feeling a little stuck and looking for some advice.
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3 June 2024 | 6 replies
My concern is on the eviction side, say if I rent all the 5 rooms fully furnished to my tenants and god forbid if one or two decide on not paying rents can I after giving them a 3 days notice simply have their stuff kept on the "curb"?
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31 May 2024 | 7 replies
The second tenant stopped paying and it took me 4 months to get them evicted and more turnaround cost.
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3 June 2024 | 4 replies
The average job around here pays 25-50k a year which is not going to be enough to bolster capital, and fix and flips get bought up fast.
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3 June 2024 | 14 replies
My wife and I invest in real estate, the stock market, and both have high paying W-2s and obviously file extensions every year on our taxes.
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2 June 2024 | 13 replies
I pay off all my balances each month.
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3 June 2024 | 3 replies
Tax Benefits While Building- Create an LLC and pay start up costs through the LLC (architect fees, permit fees, etc.).
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3 June 2024 | 20 replies
did not pay the bills and I had to pay them twice..