Elrick Lounds
Deal Analysis Feedback
Hello - Was working on a deal this week that fell through and was hoping to get feedback on my approach, and my backing out of the deal.The home was a 2/1 single family home that was listed at $59,500 plus a lot next ...
Alexander Rocha
Conivincing roommate to vacate
I bought my 4 bedroom house 4 months ago and rented out the 3 bedroom to roommate right away. It was a hectic time and one of my roommate I found out I forgot to ask them to sign a lease month to month. The chemistry ...
Rikki Bellamy
Investor from Baltimore
Hello Everyone!My name is Rikki Bellamy and I have been investing in properties/Wholesaling for about 6 months or so now......Currently venturing off into other states ie. PA,NY,NJ,DC, PG County, NothernVA. Interested...
Samantha M.
Wholesaling and Sellers Closing Cost
When you wholesale and assign the contract, typically does the end investor pay for the sellers closing cost, or does the wholesaler typically cover the closing cost by taking it out of the assignment fee.
If the end...
Bowman Klinkenberg
Multifamily in Minneapolis St Paul metro
I've noticed an uptick in multifamily properties going for sale in Fridley, MN. Does anyone have a feel for what areas of the Minneapolis/St Paul metro are growing or have good indicators to buy? What resources would ...
Melvin Yuen
Real Estate Professional
Does a general construction contractor qualify as a real estate professional? I'm wanting to take advantage of the unlimited losses reporting for taxes.
Patrick Thomas Dickinson
Avoiding capital gains home sale
HelloAny tax savvy people / cpas out there want to help me out. My moms selling her house in the Bay Area and will have a large amount of capital gains once it is sold, I have a few questions. 1. You pay capital gains...
Jessica Roman
BRRR TECHNIQUE?
I was learning about the BRRRR technique and I had a question based on the R for refinancing. I was wondering if after refinancing the property, would the monthly mortgage increase?
Ian Olmsted
What would you do in my situation?
Hi everybody, I've been reading this site for a few years but finally decided to make an account. Let me give you a little history before taking an informal poll on how to move forward. In 2013, my wife and I sold a...
Nat C.
My new idea for finding motivated sellers
I just had this idea for finding motivated sellers in the very difficult, competitive market I am in. The city has a lis penden list as part of their public records, with a new 50 or so listings added daily.My plan is...