This tweet From X is very funny :So, basically, we buy 9caps in the Midwest. And after unforeseen capex, we usually net $437 a year. Then, we sell for a 9cap in five years.”
- Rick and Ricky, SFR gurus“We bought this...
Question for a CPA out there.. I have a client who bought land in March 2022. She then bought and put a mobile home on the property in July 2022. Can she sell in March and avoid capital gains tax? Or since the mort...
Hello all,
I am a chef that bought a live and flip to get my foot in the door with real estate. I bought a foreclosure and fixed it up my self and added a bed room and bathroom on to the house. The restaurant I was...
What are your top things you'll do, you'll research, to determine the top areas in any state to buy my your 1st MF that will allow you to maximize your investment and ROI that will ensure your property will cover all ...
I have some guys working on a house that I am going t rent - The main guy works for $22/hour and his helper works for $15 - so on a 40 hour work week I am paying these guys $1480 -
They are doing everything f...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Hello BP, I'm currently working on my first cash-out-refi deal with a portfolio lender. The bank will give me 80% ARV with no seasoning period - just need a valid lease. My private lender is a close friend who is ch...
If you’re already in a Fix & Flip project, but you need additional capital due to unforeseen circumstances how do you raise that money to complete a BRRRR that you already started.
Hello everyone,So I am aware that you have to owner occupy for a year for the FHA loan, but I was wondering if there are any ways around that requirement? Is it possible to occupy for less time than that?Thanks in adv...
Hello so i’m new to investing and real estate, I bought a primary resident that ive been living in for the past 19 months. I have been looking to sell in order to upgrade. My property has gained 100k in value since li...