Hi all!Flipping houses can be profitable, but it's essential to understand the tax implications:1. Ordinary Income: Profits from flips are typically considered ordinary income, not capital gains.2. Self-Employment Tax...
Looking for some guidance as to what the better choice would be.Do I pay off a loan on a property? or look to invest in another long term rental property?Paying off the loan would increase cash flow larger than buying...
There are not many markets where seller carried financing is a feasible or an available options for buyers or sellers. Very rarely do owner carried transactions occur in more densely populated and competitive markets ...
Hello BP!I'm a new investor and currently looking for a property to BRRRR. I plan on using the HELOC on my current home to purchase the home outright, then refinance with a conventional loan after repairs are complet...
Hey guys! My name is Jordan and I have actually have been doing STR on AirBnB using the rental arbitrage method with great success. I am happy to have done it and I am happy to scale!Speaking of scaling, I am reaching...
Please let me know if I’m seeing clearly Here? (This is for the Bay Area in California)-Home is 330,000$ (paying cash)-Closing cost : Buyer and seller agent fee, Property, title, escrow, misc @7.5 % =24,750$ -rehab co...
I am about to start sending 5,000 letters/month. I don't want to waste money. I currently get absentee owners lists from ListSource don't use any additional filters because they cost too much. What filters do you sugg...
Would you rather purchase 3-4 sfr with 25-30% downor 1 multi fam or commercial (apartment etc) with 20% down.I would have 450k to work with.
Good morning, my team recently purchased a 3 unit multi-family in Philadelphia. Initially, we planned on hiring a general contractor to do all the work required but after getting some estimates back we realized we may...
Good day! This is Brian from near Houston, TX. My wife and I are going to start investing ASAP! We've begun our education process. I'm looking to know from those of you who have done this before. You can reply with an...