Ken Fricke
A short sale in Logan Utah / questions about offer price
I found a possible short sale deal, My Realtor says the ARV amount after renovation would be 140k he owes 115k. I am very new to real estate investing so pardon me if this question seem basic. I would like to ...
Jesse Soriano
Do you pay taxes on net profit from a flip or the total price
When doing a flip 100% all cash. Do you pay taxes on the price you sell the house for. Or just in the money that you made profit on?Let say you bought a house for 30kSpent 20k on rehab And sold for 70kDo you get taxed...
Kris Rasmussen
1st flip done, more to come...
This post is really overdue, I actually finished this flip and sold it about 6 months ago.I started looking for houses to flip in northern NJ in Sept. 2014 with @Kevin Hill (an investor friendly real estate agent in N...
Lance Nelson
Need help structuring a deal
I'm a real estate agent and I'm working on a deal for myself right now and wondered if anyone might have advice on how to creatively structure it. The seller has gotten into trouble with their second mortgage and the ...
Scott Pinney
Food Truck Lot Experiences??
This might be a bit off topic from the typical Commercial Real Estate forums, however I could not find the exact place to ask this.
Does anybody have any experience in running a Food Truck Lot? I have a lot of land ...
Brian Garrett
Don't forget landscaping
I've read through a lot of threads and posted several of my own and one thing I often see overlooked and/or not mentioned when accurately estimating rehab costs is landscaping. Don't forget to include this into your c...
Nick Carter
NEED YOUR OPINION!!! Buying condo to flip?
Hello everyone!My name is nick and I am new to this forum but I have come to you for some help. All input is welcome. Here is my background I have been working construction for about 6 years now on and off and have th...
Connor Bailey
What fees do residential home builders account for?
I have found a great wholesale opportunity for a tear down and am not sure what fees to add to my numbers. Rehab fees just use the 70% rule. Is there a specific rule for new builds?
John Smith
Property Manager Commission
Hi guys,
I just have a real quick question. I know that the average cost of a property management company would be 10% of the annual rental income. I know that reason why property management companies charge 10% is ...
Steve Cook
Property Management - Repair Mark-ups?
Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...