Juan Zamora
Can you get a good deal on a home that has been flipped?
22 December 2022 | 4 replies
And I know this is a place we’re we have flippers and investors so, this is a cut throat business we are all in and some make it and some don’t, some eat each other up and others win.. thanks
Matthew Kirkwold
Cost Segregation Study for First SFR?
22 December 2022 | 3 replies
Your CPA will have the best information as he/she will know your AGI, tax rate and whether or not you qualify to offset the real estate losses with other forms of income.With that said, something seems off with the calculation given.I normally assume 20% to 35% of a purchase price is eligible for bonus depreciation, in your case is around $40,000 to $70,000.the $5,000 tax savings figure would assume that you are in a very low tax bracket.However, this assumes that you are eligible to utilize the losses on your return.Also, you may be better off which a DIY Cost segregation study which would be significantly less.Best of luck.
Palmer Thomas
Rental expectations for a beach house split into a tri-plex?
28 December 2022 | 28 replies
The triplex could be a bonus as you could separate extended families and multi family up a bit for more privacy.
Tyler Solomon
Least Favorite Parts of Owning/ Operating a STR?
15 December 2022 | 10 replies
We have 2 STRs that we have had as STRs since 1999 that have to win a lottery to continue as STRs.
Yao Pan
buy property in auction.com
21 December 2022 | 2 replies
Purchase price: $188,000 Cash invested: $188,000 purchase this property in auction.com, win the bid at $188,000.
Jeremy H.
Buying a house prior to Auction?! How have you or would you do it
24 December 2022 | 8 replies
I'm door-knocking some auctions right now around 10 days before sale date... still time for me to jump in if they want to sell before sale date, but if not I can at least check out the property to get an idea of condition before going to auction, so its more like auction recon, with the added bonus of potentially speaking to owner and working something out before Sale date.
Jordan Richter
Tips on Seller Financing
6 January 2023 | 9 replies
It is important to carefully consider these risks and to have a plan in place to manage them.Consider the benefits: Seller financing can be a win-win for both the buyer and the seller.
Nolan Ring
What are Cash Buyers looking for in the Indy Market?
28 December 2022 | 3 replies
If you can find deals with enough meat on the bone for you and the cash buyer it's a win-win and you'll have yourself a sustainable business.Good luck Nolan!
Alex Webb
Funding a Couple of Pre-Foreclosures
26 December 2022 | 4 replies
I have found 2 deals that are in pre-foreclosure that could be huge wins if I could get them for what I think I could possibly get them for.
Erik McElhinney
Fix & Flip Martha's Vineyard
27 December 2022 | 2 replies
Congratulations, thats a huge win!