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So we closed on selling our second flip today and both deals were with a hard money lender and a wholesaler, at the end of the day we lost money. We thought we had made a small profit on the first and had rolled in t...
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I have a small, one bedroom apartment that was filled by a property management company with a household of 4 ( 2 adults 2 children ). Being a one bedroom 900 sq ft space I thought a household of 4 was a stretch but w...
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I've asked this question before and haven't received a single response, but I'll try again. I want to buy a property sub2 by using a land trust. I would have beneficial interest but the deed would be in the Trust's ...
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Hello BP world. We are starting the process of developing a vacant piece of property. I wanted to document it start to finish to hopefully help someone else along the way and also allow us to look back at our succes...
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Hey all,I have and issue filling in my properties. I have (1) 4/plex, (1) single family, and (3) 2/plex in Milwaukee WI, and in all three types we are on average three to four months turnover between tenants. We are u...
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bought a short sell back in Jan 2017 using all cash 175000 plus all other short sell fee and closing expense. Title has been transferred to me not long after the closing. I immediately rehabbed the house to where it h...
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Has anyone dealt with Direct Lending Partner? Talked to them today about their program. They offer lines of credit so you can move quickly and have a less detailed process to get funds each deal. They do have some set...
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Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
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So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
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Hi Everyone,Looking for some advice on business structuring as I am currently under contract for my first investment property.Situation: My brother and I have decided to partner up and tackle real estate investing tog...