Like everyone right now, I am spending a lot of time at home thinking about the short, mid and long-term impacts of our "new normal". A question I keep thinking about is what will be the new trends that will emerge as...
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
I want to start out by saying I love multifamily but I have learn some things about them that I didn't consider with SFH.
Most of these issues have been resolved quickly but still they are pain.
1. Parking is an is...
Need quick advice. I’m workin on my first deal ever! And I found a motivated seller on Craigslist who is lookin to sell his property really quick. The seller is wanting $109,500 however after contacting him, he’s yet ...
Hi everyone!
So here is my dilemma. I graduated back in 2012 and been working ever since. I have a full time job which allows me to pay for my expenses and have a bit of cash for myself which I tend to save. ...
As many of you know, I started my investment journey with a purchase of a 4-Plex in Marshall, MN nearly five years ago. This was after researching and educating myself on real estate for over a year.
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When it rains, it pours in this game of real estate! Below are the numbers. They are brief, let me know if you guys have any questions!!!! So I bought 4 rentals in a rough area, and one rehab.4 Rentals:3 of the rental...
Hello BP forum! My name is Sean and as the title says, I'm a total noob. However, " a journey of a thousand miles begins with a single step" so here I am.
I worked in the IT field before my former boss mishandled som...
I typically do smaller, older pier and beam remodels, but I may have an opportunity to flip a well preserved home. The 12ft ceilings, wood details, dental mouldings are all still intact. There was some damage to a 196...
Hello,I have been interested in becoming a real estate investor for a few years now, and I am ready to get it started. Does anyone have or prefer any whole sellers in the Atlanta area? Also, I'll take any tips and tri...