Cheryl Whitehead
Newbie! Taxes on STR
I think we have decided to start our REI journey with a STR! Just looking for any advice some may have. The whole banking process is going to be learning curve for us, but I read on another post that STR income would ...
Adi P.
Realistic cash flow numbers
I have 7 rental properties. I have been calculating my expected cash flow the way most of you probably do. rents less all expenses, including a certain % for possible vacancies and maintenance. My maintenance has ten...
Sergey Kalina
Tax Question House Flip
Hi,
This may be a silly question, but I was told by a couple people that not all the money you invest in a house flip can be deducted.
ie. I'm finishing up a house flip and have done a full gut on the project. Would...
Francois Turgeon
4 Duplexes same location
Looking for some brainstorming ideas,I'm looking to get different venues on how to approach the saler (no realtor involved).My first personal choice would be owner financing. (What are the usual term)Hard money lander...
Justin Sumulong
Looking for Real Estate Broker
In addition to being a part-time real estate investor, I am highly considering becoming a part-time real estate agent. I got my license years ago but from my understanding, "hanging my license" with a broker would've...
Mark Braun
Wholesaling: How to Avoid Short Sale
I'd like ask if anyone knows the best way to avoid a short sale in wholesaling. It would seem that most deals would gen up a short sale situation. Example: If my MAO is $54K (after ARV calc and rehab and assign fee) o...
Robert Lindsley
Tax benefits of MHP vs MF
Hi there,I currently own 2 multi-family buildings and will be 1031-ing them for a larger property in the near future. I'm considering buying a few mobile-home parks (ideally parks with zero park-owned homes) and have...
Kyle Falkenstein
Wholesale and Taxes in NC
For everyone that is or has wholesaled in North Carolina...I plan on getting in contact with a CPA and attorney. I was curious on people’s experience. How much taxes are taken out of your assignment fee checks? Also a...
Account Closed
Owner finance terms?
Found a tired land lord seller. FSBO. Lives on other side of the country. All the classic motivation points. I want to try to acquire the property myself using owner financing. Property is listed for $35,000. Rents in...
Komlan K.
Wholesaling & Eviction
Hello BP Family, newbie here getting off the analysis paralysis wagon and jumping into action. I have a very motivated seller who lives out of state and willing to sell his property in Columbus, Ohio. He has renters w...