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One of the things I have learned and to be honest with you I have run across this problem in all fascists of life is to stay away from negative people. I was recently asked what was I doing to make money and I explain...
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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...
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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...
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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 ...
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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. ...
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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...
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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...
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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...
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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...