Investment Info:
Single-family residence fix & flip investment.
Purchase price: $106,625
Cash invested: $48,000
Sale price: $235,000
Flip was purchased with termite damage and was mostly gutt...
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Do flippers on here try and avoid houses that would benefit from additions to get maximum profit? I'm a contractor, so I understand all the costs and time that adds to the project, but I was just curious what peop...
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We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...
Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches:...
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Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
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Hi all, I have about $1M saved and I am looking to get into buying rentals out of state. I live in Los Angeles. I don't mind doing the dirty work, I don't mind working hard. I just want numbers to make sense. I also p...
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Hello,
If I were to rent a beach house out for $2500/month with the mortgage being $1500/month, would I funnel the $2500 gross profit through my LLC or the net profit of $1000? Additionally, if I planned to turn arou...
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this is a newbie question but here is my background...I have been a silent partner in flips for the last year on two properties which will be getting the principal and profit back soon as they are under contract or ha...
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Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...
Hi, my name is Justin. I live in the San Diego Area and my family and I are looking to finally jump into some investment real estate. I am trying to ingest as much info and education that I can and figured I would ask...