Flipping Houses For Profit in Hawaii, Maui and OahuOK, let’s get to the basics. If you are just getting into flipping houses for profit, there’s much to learn, no doubt. You can’t learn how to do it a single weekend c...
I read this morning that the Fed signals bond buying taper coming "soon" and interest rates rising between now and 2024.Does anyone have any thoughts on if this will effect the housing market, mortgages & borrowing?
👉 Debt to buy assets is completely different from credit card debt (bad debt).
Leverage (when used correctly) is a powerful way to build wealth.
Here's how:
1. We buy an apartment complex.
2. The bank contribu...
just wondering what the minimum amount of profit to be made on a flip might be...my friend said she expects make at least $15,000 and wont buy anything that may bring in less.
Thoughts?
Hi there biggerpockets community!first post incoming :) I will start this year with househacking(renting one apartment in my house) and i plan on buying another house for short-term renting by the end of the year. So ...
This is a two part question, I'm curious to know how both buy and hold and flippers distribute their cash flow or profits to themselves.Scenario #1: Your a house flipper, you finish a project and profit $30,000. Of t...
Soo...Need Wisdom.
We have a property that we renovated completely with the hope of BRRR. However, we are having more and more opportunities to buy properties that are a little better in our buy box.
We are wrestli...
What is a good way of splitting profits for flips if I partner with a realtor?I ask because I recently had a realtor reach out to me that I've worked with in the past who wants to partner with me on a flip. He is seas...
From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
I followed the steps from the articles written on this site for my first flip. This helped me find, evaluate, rehab and sell my first investment property. Backstory is- I purchased a near foreclosure SFH for $105K, ...