Jacob Hamilton
My most recent New Construction spec home and what I learned
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $480,000
Sale price: $1,080,000
This was a new construction project that I took on in 2021 and finished in mid 2022...
Alex Nein
Scaling After My First Flip - $100k profit
Hey All!
I am wrapping up my first fix and flip deal and am set to net roughly $100k.
I am looking to scale efficiently towards the multi family space.
Looking for advice on two things:
1.) Maneuvering throu...
Dee Xixi
RE: Business plan looking for partnership. Please critiques and bring suggestion
I. Executive Summary
Apanou Management, LLC was created by two self-driven business partners that saw the potential in the current Real Estate market and would like to make a difference as well. We strongly believe t...
Bill Gulley
PREDATORY SALES AND LENDING
I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...
Vito A Carlin
Pre-Foreclosure Deal Structuring
I used to flip houses (back-in-the-day) from 2004 to 2008. I'm getting ready to get back into the investment game and looking for some help getting educated before launch (I know A LOT has changed). I'm interested in ...
Kevin Pfeiffer
Went For It !
Made an offer on a place this week. I'm newer to REI. Intend to rehab/resell the home. SFH. Bank owned and sign went in yard on Tuesday. Got ahold of the bank and walked through on Wednesday. Made offer a couple...
N/A N/A
New Member (501 C3 and LLC incorporation)
I found your club through myspace.com. I spent the better part of the day reading through threads and posts of which I found very informative. However, I did not find anything about starting a leasing company or creat...
Mineto Anfield
Tenant Deliemma
I was helping a friend who needed a place to stay and rented to him for $550 This being the 4th year I increased the rent to $625, but the increase still leaves me at a small loss each month. Although there was a li...
Michael Carbajal
Exempting Capital Gains when a property is owned under an LLC?
I am closing on a SFR in January that I plan to live in. I am curious if anyone has ever successfully been exempt of Capital Gains Taxes when completing a "Live in flip" even if the property is owned an LLC? From what...
Chris Luksha
Looking for partnership advice
Hi All,A financially sound deal has come across my plate recently and I am looking for some advice. Last week I came across an off market deal that seems to work quite well as a flip. The owner is willing to float th...