I’ve been looking for distressed homes that need some work to flip but I’ve walked away from many houses that need more than what I’m willing (or know how) to do. I tend to walk away if the house has some crazy weird ...
Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
I am still learning, and feeling like I have the confidence to pull the trigger soon on my first investment. I have been analyzing houses almost everyday now for weeks and weeks, trying to get a good feel for the ar...
I know many investors are glad to get an 8% CoC return on their properties because it's still better than most other investments and it's a whole lot better than anything you can get from a bank or savings account.
H...
Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...
Hey guys,
This past weekend we got our what would be third cabin under contract in the Smokies. Unfortunately rates went crazy on Monday before our rate was locked and now were looking at 6.5% and 3 points. This ha...
It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky
Hi, all. I know there's a wealth of information on this site but was hoping to get a more recent assessment of the Gwinnett County area and the opportunities as they are today (April 2013).
Specifically, my partner a...
I'm looking at a house in my neighborhood that has been vacant for a while. I've talked to the owner about possible buying it and I'm only confused about one thing.
The layout is very different than most houses. I'...
Hello All,I am new to investing. I have a condo, where I used to live and which is underwater now, converted to a rental when I moved to SFR. It barely covers P&I, HOA, taxes etc. but provides me experience dealin...