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Would you use the 70% rule as a guideline for a state like Chicago (downtown) A area. Or would the percentage be a bit higher.
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Hello!
I am new to virtual wholesaling. I have decided to virtual wholesale in Baltimore, Maryland. I was wondering what are the best zip codes for wholesaling in Baltimore?
Also, what are some your best practices ...
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Calling my Denver flippers!I have a few questions about flipping in the Denver metro ONLY. Let me know your knowledge on this as you see the situation right now:1. Where are the profit margins the highest?2. Are there...
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Hi I am a new investor and I have met a few buyers that love vacant properties(there are a lot of them in my city). I am wanting to know how would you value vacant/abandoned properties? Would you go by the appraisal o...
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
This is a would you rather scenario. Its a time sensitive scenario, you can't choose both. 1. Flip, purchase price 110k, needs 40-50k, sell for 199. 2. Rental Porfolio, 5 houses local same town 300k after taxes and mo...
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Hi all, I'm interested in perspectives on my current scenario: I have a bank willing to do a cashout refi on one of my investment properties. HOWEVER, the cash after closing will likely be enough to buy one premium (t...
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As many of you know, I knew nothing about RE a year ago. When I started my research on the subject, I stumbled upon Bigger Pockets and joined it right away and started reading all the old posts, asking you guys quest...
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How can I find distressed properties to flip? Seems like everyone wants the one on market so its nearly impossible to secure the property. How is the real estate market in socal? Are the profit margins good for flippi...
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Hi there.I am pretty new to real estate investing. Currently, I am trying to evaluate a strategy to build a portfolio of income properties in the Greater Atlanta Area.This thread is to pick your brains and to get idea...