Jamaine L.
How to became a successful at wholesaling
Hello, I wanted to know if it is still possible to run a successful wholesaling business in today's market. I really want to close my first wholesaling deal in the next two months. I was looking for some advice on how...
Charles Jessup
Need advice on buying first commercial property - owner occupied
My wife's business is expanding and she needs more space. We're considering buying a commercial office property instead of renting. We live in the Houston, TX area. I have a few questions, and would love any other ...
Matt S
Guru Programs for Private $
Anyone have success with a program specific to finding private $. There are a few out there, Cowgill is one that comes to mind. Thanks.
Mike J.
Assumptions and calculations for selling vs. renting out
Warning: the below is a lengthy, generalized hypothetical. The questions are about calculations of average (yes, "average" is a very dangerous word because most years are far from average) returns on rental properties...
Andy Ballester
Buy and hold purchase possible flip????
Recently purchased duplex in Swissvale, superb of Pittsburgh PA. Bought site unseen purchase price 22500 sold 10 yrs ago for 48000 but highly neglected 2 unit 1st floor unit 3 bed 1 bath. 2nd floor unit 2 bed 1 bath....
David Miracle
Bookkeeping and LLC's: What is your experience?
Hello! I am new here, but not necessary that new in real estate. A few years back my wife and I borrowed money from our equity (HELOC) to purchase another home. We moved into that new home to fix and flip. Now we ...
Heather Collier
Advice on Short-Term Rental Neighbor Issue
We purchased a second home in AZ and using it as a vacation rental when we are not in town. We aren't located inside an HOA and our rental complies with all local laws and ordinances. After we purchased the home, we l...
Stephen Seaberry
I'M STUCK!!! No idea how to estimate rehab cost
So I've read @J Scott's The Book on Flipping Houses, purchased the Enterprise Edition of the house flipping spreadsheet, navigated Homewyse.com for hours, and I'm still stuck. I have absolutely no experience in cons...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Aaron Lippiatt
How do I report income tax on interest earned from promissory note w/expenses?
If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...