Alex Prescott
How hard it is to get a hard money loan for your first flip?
9 December 2021 | 6 replies
This is one strategy that I thought I might employ.
Fili Aguirre
Do you accept the first tenant or the one with the best credit ?
8 December 2021 | 4 replies
@Fili Aguirre No one applicant is perfect, one has to give points to a strong rental history, with the mid-range credit score with a middling LL recommendation, against the applicant with low credit score (bad decisions a few years ago) but who now has a solid employer but who's missed a car payment.
John D Pollard
401k rollover to invest in RE
9 December 2021 | 2 replies
I have created an LLC and I am looking to roll over my 401K from a previous employer.
Liam Nichols
Starting out (UNIQUE) :Excepting advice from anyone and everyone.
20 December 2021 | 5 replies
If you want to house hack, make sure to have 2 consecutive years of tax returns so you can qualify if you are self employed.
Donnell Durden
Atlanta (Cobb) One Family?
15 December 2021 | 1 reply
So first I’m asking if anyone has a lead on a one family in GA (she prefers Marrietta) Must haves = 3 Bedrooms, 2 baths, at least 2000sqftHer budgets a little over $400KIf no leads please let me know other method than the Zillows and Opendoors.
Ignacio Linares
Please critique my analysis
20 December 2021 | 25 replies
I generally hear it's very hard to calculate Capex but can be done in a itemized/life expectancy method.
Keith Shutupaboutit
Help Understanding Financing in Ontario
14 December 2021 | 1 reply
I'm looking to execute the Brrrr method around the Newmarket, Ontario and surrounding area where finding any deal under 500k is difficult, along with rehab costs, I certainly do not have the amount needed to close a deal without borrowing additional funds.
Serge Velet
New Flipper - need advice and help on how to best manage taxes
5 January 2022 | 3 replies
@Serge VeletFlippers are responsible for paying Federal Taxes, Self-Employment Taxes, and State taxes.An accountant's goal is to make your net income as low as possible which results in the least amount of taxes.Some expenses available to flippers areHome office, Tools, Mileage, Health Insurance costs, Retirement ContributionsBest of luck
Buyan Thyagarajan
How to determine when to Pay GC or contractors on Rehab
9 December 2021 | 3 replies
Using that method, you are never paying in advance.
Ryan Howell
Brevard task force for studying STR impact
11 December 2021 | 4 replies
They also employ housekeepers, maintenance people and many others in the housing industry.