Marques Brown
New Construction Financing assistance.
Here is my scenario. I am a real estate broker and GC. I am struggling with the comfortability issue of using hard money lenders or other creative type lenders when it comes to financing my personal real estate projec...
Ryan Dossey
How do you rehab a home?
1) Hire a GC let him figure it out and just make sure he stays on track?2) Hire the individual contractors yourself and act as the GC?3) Go all HGTV and do it all yourself?4) Fill in the blank.The reason why I ask is ...
Brie Schmidt
Helping my brother get into landlording
So my brother is about to graduate with his PhD in engineering and is looking to buy a MFH when he relocates for work. Being a PhD student - he has never had a "real" job with a W2 income - but he has 25% down.
...
Chad McIver
Help with tax liability of first successful flip!!
I just received a accepted contract on my first flip, in St. Louis City, MO. Happy with the way it turned out and the profits. Still have to get through inspections.
But List price $99,900, sold for $98,000...
Nathan Vaughan
Retirement Planning for Real Estate Investors
Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....
Mark Updegraff
Investor Payroll, who's in your wallet?
I thought it would be nice to hear from other investors about how their payroll came to be, and what positions are on it.
If you could rank your employees in order of importance and put a brief description of their d...
Todd Ashley
Buying a Building and Retail Business (Liquor)
Hi all, I am considering purchasing an off-market commercial building in a small tourist town. I am trying to gather as much information and guidance as possible, and appreciate any input that you can provide! The bui...
Account Closed
Mixed use building sale - Financing - underwriting - SBA
Hi everyone,
I'm pursuing a deal on a mixed-use building in a prime location. Purchase price is 1 million. Seller purchased 3 years ago for $825,000. The first floor is a commercial space housing a pizza shop that ...
Christopher Vargas
In Need of Captial Gains Tax Advise - Florida
Recently flipped a home in Kissimmee, FL. Made a $65k profit. Unmarried with a salaried income of $38,500. How much should I reasonably expect to pay in state and federal tax? I'd like to set it aside in a money marke...
Carson Wilcox
Starting out... help me understand the tax man
So. I am starting out, working on a deal right now where I will partner as a JV on a SFH with an experienced investor. At the end of any flips we do, I will get a check and a 1099 at year end...What I want to know i...