Depending on your filing status, capital gains tax rate goes up to 20% from 15%.

If someone is experienced, we'll usually go up to 85% (maybe more) of the purchase price and up to 100% of the rehab cost, but we're going to limit it to 70%-75% of the ARV (As Repaired Value) for flips.

I've also seen lots of travel nurse interest in the Springfield area, and some of the nurses I've hosted on the MTR side end up selecting next locations out that direction.

Keep it up and follow your passion!

I always have a back up plan with real estate .

Hello Jesse,So did you end up working with renttoretire?

The cost of running a STR has gone up to a point, in my opinion, it doesn't add up or make a strong case anymore.

However, in this case it’s worth circling back in 3 months, 6 months, or a year because this seller wants to sell, he’s just not ready to give up his fantasy deal.If the seller’s response is acceptance of the outline of my offer but countering on price or terms, it may be worth negotiating because we MAY be able to get to YES.My biggest profits have occurred when I made offers that were nowhere near what the seller was asking and yet WERE ACCEPTED, or with small modifications. 

It looks like a lot, but most of what’s listed was relatively small and cheap.We’ll return to how we responded and why, but for now, I’ll just note that not only did the inspection ensure the buyer wouldn’t be completely blindsided by something like all the floor joists having been torn apart by termites, but what we ended up agreeing to more than paid for the cost of the inspection (usually $300 to $500).

I would bring this up as the first item to lenders to see if they can do your loan.