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Newbie here from L.A. Obviously expensive to start flipping here, so considering starting in less expensive markets. Here's what I don't get... In browsing other markets, I often see wholesale listings that need 10...
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Hey BP Community!I currently have a 5 unit in the Back of the Yards neighborhood that produces $2,000 a month in cash flow. I think I could sell it for about $350k and get net proceeds from the sale of about $148k. I ...
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A little over 10 years ago we bought a townhouse in Logan, UT when our oldest went to college. Her reduced rent was in exchange for being the property manager. Now that my husband has retired after 24 years in the A...
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I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
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I have a small Airbnb in a college town that is also close to several hospitals. Our guests are mostly visiting because of those two things, and generally for 1 to 3 nights, but we do get the occasional longer stay. ...
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where would y'all recommend I go to help determine the market value of a property and figure out what simular properties in it's area are selling for.
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A neighbor offered to give us a 2 bedroom house ("You move it, you can have it :wink: ). It's structurally sound and we have experience with rehabs, so that part is fine. However, this whole moving-the-house business...
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So my friend and I are sick and tired of paying ridiculous rent in beautiful Vail, Colorado. We absolutely love living here and we both know this is where we would like to live for quite sometime. We can't afford to b...
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Hi BP Community in Canada,I am currently residing in Brampton and in my second primary residence (moved from a stacked town to a town). I wanted to ask what strategies you may have used to move up in your primary resi...
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Hi,
I have been looking at a mobile home park deal that seems to have some good upside potential. The property is a 33-unit park (manager lives on-site for free so 32 effective units) with 17 park owned homes, 2 apa...