Shahriar K.
flips in washington state
I was just randomly reading a site and read that in Washington state if you want to sell a flip property you need to have a contractor certificate or you have to hold on to the property for a year before selling it. J...
Eric Espinosa
I live in a rental that I may consider buying to flip it...
should I? That's my main question. I'm living in this house for a year now, lease is up next summer. I've been told I have the option to buy it, but it needs major updating. This house was built as what they call here...
Edwin W.
RE: Need some advice from experienced investors
Good morning All,My mom owns a 4-plex in the Bay Area. She is currently living in one of the units. Zestimate according to Zillow is over $1.2 million. It's a 11 bedroom and 7 bathroom. Current mortgage amount is $290...
Sandy Glover
An answer to one question
There are many great questions about dealing with a property management. It does not matter if you own one small rental property our a massive multi-family complex perhaps the most important job a property manager h...
Heather Lewis
No changes to passive loss rules in the new tax bill ?
If I'm reading the various threads correctly, in the CARES act, landlords who have other primary work like a full time day job, and they are limited to treating real estate as passive income/loss aren't getting any be...
Arthur Donovan
First successful investment - so far
Investment Info:
Single-family residence buy & hold investment in Ft Worth.
Purchase price: $198,000
Cash invested: $10,500
The house was purchased as a first home through conventional financing....
Bear Geiger
Raw land - Big lots
Investment Info:
Other other investment.
Purchase price: $295,000
Cash invested: $173,500
Sale price: $814,000
We have sold 4 of lots and recouped all of our initial investment and cash used for ...
Brandon Boone
First rental house of 5, as of 2017
Investment Info:
Single-family residence buy & hold investment in Lanett.
Purchase price: $18,000
Cash invested: $8,000
3/2 sfh,
What made you interested in investing in this type of de...
Kusum Chanrai
Calling the local economic committee: Script anyone?
Hi friends, So, it's been recommended when looking to buy multi-family in an emerging area to call the Economic Development Committee in that area and ask for their "master plan". I.E. Find out which areas are they mo...
Leslie Daffer
$40k capital gains?! Oof
About to sell primary for another primary for no other reason than to move up. Bought 1/30/21 for $422k. Projected sale price of $600k. After $24k commission & $12k in improvement expenses, we're looking at $142k ...