Clayton Collins
pre funding and sec compliance question
23 April 2019 | 8 replies
You'll get the best results if you tailor your approach to the individuals rather than send out a mass email blast.
Joshua Piazza
Lease option to buy
18 April 2019 | 3 replies
This is basically what I told him I was looking for with a little flexibility. 2-3 year contract, rent approx. 2,200 with approx 10% of that going into an escrow account for purchase of property at the expiration of lease and a 3-4% option fee.
Tommy Johnson
Can I do a 1031 on a fix and flip?
21 April 2019 | 13 replies
Basically the IRS considers intent, if you are buy and hold and are exchanging it then it can be a 1031 but if you are basically buying to sell which is what a flipper does they will question it and you will get hit with the taxes and maybe penalties.
Brenda Watkins
Closing attorney vs title company
18 April 2019 | 1 reply
Closing/title company, basically the same thing. $1,300, depends on the break down.
Amy Hu
Terrible PM and contractors-cautions out of state investors
24 July 2019 | 50 replies
Basically do lots and lots of homework before you give someone your money.
Kelly DeWinter
Property Management Basics
23 April 2019 | 4 replies
We started out Investing in small rental properties and have had good success with managing the properties. Long story short, we have picked up an additional 3 commercial and 2 residential properties to manage through...
Chris Steven
This strategy always makes the most money
20 April 2019 | 10 replies
I don’t see a problem with building your business with more units quickly, but I’d start off fairly basic (1-4 units) until you learn the ropes.
Jaycob Walker
Young, Driven, Ready to Learn
19 April 2019 | 2 replies
It will familiarize you with the basic terminology and benefits.
Nicholas Heinrich
Analysis of buying a property.
19 April 2019 | 1 reply
Basically my hold up is the expenses.
Brandon Miles
Formulas for flipping?
23 April 2019 | 7 replies
For a full rehab (new roof, new windows, new wiring, new plumbing, new kitchens, new bathrooms, & finishes throughout), I've been around $35 to $50/sf.So everyone's formula is going to be dramatically different depending on their market, property values, level of finishes, contractors, etc.Before you start to use someone else's quick rule of thumb or formula, you really need to understand the basics of estimating costs and putting together a scope of work.