I am closing this week on a property I bought a year ago for 50k started renovations well more my manual labor, but anyway I sold it for 103k. I was wondering how do I figure out what to send uncle sam for taxes. An...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
To keep it brief, I landed a good deal last fall on a very involved renovation on a small house, nobody else wanted it, so I got my price. I soon realized nobody wanted it because the footprint was too small to add e...
I'm viewing this question from purely a data standpoint. The way we search for properties today is based on value, calculating cap rate, looking at AVMs and mortgage rates, etc. But what if you can also now search for...
I'm working on a short with BOA via equator. When I enter in the bid amount, it instantly tells me that the offer is to low compared to their perceived value. I have no clue where they get their values, but regardle...
Hi All, I would like to share pain point and learning from my current flip. Considering your flip is not cosmetic flip and to be considered your self as complex project flapping team, quick flip team.
To be quick fl...
Whats up guys!After a 6 month search, I just put my first property under contract in Guttenberg - a 2 family fixer upper. 2200 sq ft, 3/1 each floor. I definitely dove off the deep end with this one, as it needs:1. Un...
So in light of the new news of the 15% property transfer tax for foreign investors, how does everyone think this will impact the real estate market in the lower mainland? As I understand, this includes all the Metro V...
Climate controlled storage is in short supply in my market area of Sioux Falls, SD. I am already a self storage operator with 177 units between 2 sites (small facilities with no onsite management) , but looking to red...
Hello all,I am just starting to look for deals in the Twin Cities area, and it seems that most buy and hold properties fall well below the 2% threshold in the Metro area and quite a bit beyond. (I will confess here: I...