Hey BP!So a couple days ago I go a call on a craigslist add that I posted. The guy has a home in Toledo, Oh that he can't take care of because he lives in FL. Info on home4 bed 1 1/2 bath2 car garageRoof- needs replac...
I just read in Han and Macfarlane's tax book that profits from flips get taxed as ordinary gains, not capital gains. What is defined as a flip? If we merely paint and cleanup and maybe replace carpets for less than $...
How to go about Subject To? I have an opportunity on a property from a family member but I would like to go subject to route. How Can I explain this to the seller? Pros/cons... ANY info is welcome and much appreciated!
Disclaimer: I understand that I should consult a cpa for specific tax information. I listened to a podcast a while back (I believe it was Brandon Hall?) Regarding house hacking and taxes.Im unmarried and have not had ...
Ok, so I've never done a subject to deal, so could someone explain it like I'm a super-smart kindergartener? :) lol
What are the contracts needed?
Who's on the deed?
Is it quick-claimed to me by the seller?
H...
Hi! I need some advice. Here's the situationDuplex in beautiful historic neighborhood. Active at $290k. Spoke to the agent - one unit is owner occupied the other is vacant - owner is moving out the country that's why ...
How do you best analyze a deal and calculate your after market value
Can someone please explain why it is better to form an LLC rather than Incorporating when starting a real estate investing business?
Thank you.
Hello everyone, I am Jennie, as you probably already know and obviously, I am a newbie and trying to learn the business... sorry if I am asking the same questions, I will appreciate if someone could tell me what inves...
Hey BP,I will be acquiring houses using subject-to financing. I will sell the house using a wrap mortgage to buyers with bad credit. I want to know if it's dangerous to acquire the houses sub-to when the lien on the p...