Hi BP'ers,I'd like to gain some views and advice on a current situation:Flip twin in desirable neighborhood purchased by auction on 11/11. Purchased $239k (all costs). Target selling price $465k. Target profit $70k. V...

We have a home we're preparing to sell- it's essentially a flip that we've had for only a few months.  We live in a state that generally requires a property disclosure, however, we would like to avoid it if possible a...

We have a home we're preparing to sell- it's essentially a flip that we've had for only a few months. We live in a state that generally requires a property disclosure, however, we would like to avoid it if possible a...

@Ashish AcharyaSay my tax bracket is 10% capital gains and ordinary tax bracket 20%. I sell my rental property and earn $250000 and my current salary $150000 which applies 3.8% because it's over $250000. Also next tax...

I am looking to purchase my third property. My first two were basic SFRs. In screening several small multi families I have run across a phenomena I can’t wrap my head around. Twice I have run across locations where th...

Investors must read... Too many times now we are seeing eager investors being put into bad deals or not maximizing their return. Recently we had an investor looking to purchase a rental income property and he used a "...

I made a cash purchase on a foreclosed townhome 3/2.5 for $42,500 Jan 2011.  A new builder is currently building townhomes in my community, much smaller units priced at $165,000. the townhome next to my unit just sold...

First time poster, but have lingered around BP for a while.  I am an established landlord/flipper.  Been doing this for 12 years now.  I have been buying homes to rehab all this while, I sold some along the way, but k...

I am doing an owner-finance wraparound balloon on a multi family 6 unit property.  The buyer is a corporation, but do I not need a person to be responsible for the mortgage?  What are my cons if I sell to a corporatio...

Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...