Scott A.
1st time flip: Too late in season?
I'm reading approx. 4-6 months is avg hold time on a flip. So even if i found an awesome deal now I'd be on market Nov through Dec. at best... which sucks because of holidays. So i am better off putting my flip dream...
Kevin Allen
How often do you inspect your properties
How often does everyone inspect your properties? Do you replace the air filters monthly yourself or allow the tenants to do it. I was thinking this would be a good reason to access the property regularly. Then mayb...
Jamie Rai
Hey guys im new to the forum!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $23,000
Sale price: $98,000
This was my first deal ☺️. I love real estate.
What...
Rashawn Stevens
In need of Help on Wholesale Deal
Hello BP, I have gotten my seller to sign the Purchase Agreement and I also have had my cash buyer sign the assignment of contract and submit me $500 non refundable EMD. There are alot of things that I am confused ab...
Cameron Pendergraft
new lease, addendum, or continue with old lease
Hello Everyone,My wife and I have recently purchased a SFR property in the Waldo area of Kansas City from a bankruptcy auction. The property had been a rental before we purchased it and the current tenants are six mon...
Craig Garrow
Rent increase letter?
Hello! I've got to raise the rents in two of my apartments - I was looking to see if someone would be willing to share a copy of a rent increase template letter?
Thank you!
Adrian Tilley
Second rental in Lake Charles, Louisiana - BRRRRR
This is my second rental. I live in Colorado but bought out of town because the numbers are much, much better. I purchased this sight unseen (by me at least) through the seller's agent. I consulted with a local prop...
Anne Barton
Need analysis & help with funding
Hi,
I have found what looks like a good deal. It is for a single family home in a very good neighborhood.
* House price - $195,000
* Needs 25-30k for repairs and remodeling (has broken windows, needs new carpet, mi...
James Alt
Using profits from flip to purchase a primary residence
I have a property that I'm flipping and am hoping to use the proceeds of the sale towards a down payment on a primary residence. Do I avoid taxes on the money I make from the flip by doing this? I understand that I ca...
Account Closed
Investing with Partners
Hey friends!I'm debating going into an LLC with 2 other people in which we will start an account, add our personal money in on a fixed basis, and buy our first property with a standard mortgage. We're all carpenters a...