I just completed my first flip and cleared 10k, I then bought another property and put down 5k on the house. How and when can I utilize the 1031 exchange? I have read several things on this great tax benefit but I ...
I am interested in buying a defaulted note from Bank of America in lieu of a short sale, but loss mitigation doesn't know that that is possible. I am experienced in short sales and have recently heard several people ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $205,100
Cash invested: $125,000
Sale price: $375,000
This property was purchased as a fun fix and flip opportu...
I am new to wholesaling in the Nashville area of Tennessee and think I may have an opportunity to close on a mobile home deal. Need advice on the closing process? The mobile home owner simply wants to sell their MH bu...
Hello, Im a first time investor living in california, I have an opportunity to purchase a SFR in Buckeye AZ for well under market value (Tax lien sale essentially buying out my partners) the house is a 2005 4/2 n...
Hi BP,So after a few weeks of researching, I've settled on farming in NE DC and PG County Maryland to fix/flip. Is anyone currently investing in that area and, if so, what are your thoughts on the outlook for those ar...
This is a weird one... any help? Property vacant 10 Yrs. Owner surrendered it.. County has him listed as owner still BUT lender is paying property taxes on it every year out of escrow for his mortgage that does no lo...
I have $600,000 of capital gains from the sale of stock. This spring, I plan on purchasing land in a Qualified Opportunity Zone and building a multifamily apartment complex. Construction costs are planned to be $600,0...
We have an opportunity to purchase a 28 unit storage facility. 18 of 28 units are occupied. Fully rented, this will gross $2790/mo ($33,480/year).CostsTaxes $6307 yearInsurance $1450 yearUtilities $600 yearManagemen...
Hey guys,New to real estate investment. I am trying to wrap my head around into discount rate.I find this online calculator (https://www.mtgprofessor.com//calculators/Calculator11a.html) which will take tax, opportuni...