Angela K.
Great ARV /Negative cash flow
My wife and I just finished the rehab and refi on our fist BRRR property and it’s looking like we have over ARV is 30% over cost! The bad news is that the rental market for the property is not looking like it is as s...
Julie Muse
Bell Court Triumph: Rapid Sale in Rex, GA with Jamari Spruell!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $155,000
Sale price: $250,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with our pa...
Julie Muse
First Fix-and-Flip Triumph with Jeff Dilldine in Linden, MI!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $105,000
Sale price: $425,000
Contributors:
Peter Vekselman
Partner Dri...
Scott Benton
Are there mortgage brokers for private money loans?
Before the 2007–2008 mortgage meltdown, getting a conventional loan was much easier. If you could prove you had income on your tax returns whatever the source (1099, temporary positions or non full status employee pos...
Mark Silberman
Classify as active or passive for optimal tax benefits?
My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...
Lance Riggen
Can I do a 1031 exchange on flil properties?
We are working on our 4th flip and have a lot to divide and build 2 homes on currently. I have learned a little about a 1031 exchange and figured that would be a good fit for our business. However I recently talked wi...
Peyton LaBarbera
Can you 1031 a fix and flip?
Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does th...
Hank Parater
Using bandit signs as an Agent?
I'm a licensed agent in Maryland, and thinking about using bandit signs to procure wholesale property and/or listings. Does anyone know if this is legal? I would of course be buying property as a "personal investment...
Nate Bell
Seeking Revenge on a Lender
I know, it’s a little dramatic. But really, I’ve had a lender just totally underperform, lie, dodge, stall, and then blame me, and I’m about to miss a closing date as a result. I’m now either gonna lose my earnest mon...
Steven Steele
Should I resign and roll my $50k 401k to solo 401k
Good afternoon, everyone!I'm looking for some advice.I was furloughed on March 8th and "temporarily" laid off May 31st. The initial furlough caused me to go back to school to finish my BS which I am about 1.5 years aw...