Zach Matson
The 3 biggest differences with land/new construction deals from flipping.
I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
Troy Fisher
Another Seattle Red Flag
http://murray.seattle.gov/murray-constantine-city-council-declare-emergency-announce-new-investments-to-respond-to-homelessness/#sthash.DTi5L6ea.dpbsMayor Murray Declares an emergency granting him some pretty powerful...
Rosely Jimenez
Investor in LA
Hello! I am new to investing and eager to learn and make deals. I live in Los Angeles and am open to investing anywhere. I am currently working a full time job in health care, but hopefully not for long. My interests ...
Cara Lonsdale
Unlimited Marital Deduction Question
Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married. Spouses file taxes jointly. Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...
Gary Michalske
Options to Avoid Capital Gain Tax
Hi BP-er’s,I have a tax strategy question about a deal I have the inside track on. My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that ow...
James Harper
Reverse Mortgage meets Estate Planning
Hello All,
I think I have a great opportunity, but I want to make sure I deal with it the best way possible. My 63 yr old mother has a home in Santa Clarita, California that she owes $99K on a fixed 3.375% m...
Jose Rocha
Starting Real Estate Investing
Hey everyone! I am in the 3rd chapter of The Book On Rental Property Investing and am really excited to begin this journey! I really like how involved and supportive everyone is on the Forum.My wife and I bought our f...
Cam Harris
Came up with a JV idea to bring to seller. Would love feedback
The numbers:3 BR/1.5 BA SFH in good neighborhood with an in-ground poolSale price: $80KEstimates renovation costs: $35KARV: $175K to $185KEssentially the owner is an older gentlemen who was working on getting the prop...
Nikola Dokic
Max out 401K vs Paying More Taxes (but having more cash)
Hello BP Community!I have one deal under my belt and want to purchase another property by the end of the year, but I am running into a personal finance dilemma. I make very good income (over six figures) but because o...
Nic S.
Nationwide Eviction Moratorium Enacted through EOY
Trump and the CDC have enacted the 1944 National Health and Safety Act that bans eviction nationwide and regardless if your loan is Federally back, or if you have a loan at all! There are some rules and here they are....