Harry Asnien
Mississippi Tax Deeds
Here is the situation:The property I'm looking at in Mississippi was sold at tax sale in 2004 and a tax deed was issued in 2011. The tax lien investor sold that property to the seller that I'm talking to. In between t...
Account Closed
Bought my First Flipper
BP,Been here on BP on and off for six months. I sure talked a lot during that period, but I finally put my money where my mouth was and pulled the trigger and bought a house to fix and flip. Its a 950 sq ft bungalow i...
Alex Moazeni
Paying rent on 15th each month
Hi.Just closed another 4plex and obviously it came with all inheritate tenants. One of them which has been there for 10 years is saying she always pays her rent on 15th each month. It is not on her lease, she said she...
Caleb Ryan
Akron Ohio BRRRR - Help me analyze this deal
View report
Hello everyone,I'm looking for some tips on running a BRRRR analysis. Attached is one I just ran but I'm not 100% confident I am taking everything into account. One of my main questions is what % of the A...
Alex Linden
First Flip Recommendations?
Hey Everyone! I am sure I have missed this among the thousands of blog articles and forum posts, but I am looking for a little advice if anyone can point me in the right direction.I am interested in flipping my first ...
Bill E.
What asking price for this 12 unit?
Gross Income: $132,000
12 - two-bedroom, 1 bathroom units
Fully occupied
Interesting quirk - 4 units leased as furnished corporate rentals to large multi-national corporation with plant nearby. These units are on ...
Svend W.
[Calc Review] two-flat house
Hi everyoneI'm new to this site and REI in general.Wondering what you think about this property. It's a two-flat home, in which I'd be living in one of the units. This would be my first home. I want to finally take th...
DJ Cummins
Finishing up our 2nd year...just closed on property 3, unit #6!
Hey everyone! Last night my wife and I closed on our 6th unit. We purchased a single family home in Bethalto, Illinois(about 20 minutes from downtown St. Louis, Missouri). This is a 900 sf, 2 bed/1 bath home, and w...
Michelle R.
On a failed 1031 exchange, capital gains are paid in which year?
We have a property sold end of December 2017. If we were to not procure a replacement property by the 180 day mark in June 2018, there would be capital gains owing. Would we pay the capital gains for tax year 2017 or ...
Nathan Cowan
Rookie From Chicaoland.
I am currently a Sommelier and restaurant professional in Chicago with a growing family. I am in an exciting transition period moving into Real Estate Investing. Initially, I studied for the Brokers exam and real...