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Hello BP. I am starting to get my ducks in a row and plan to invest in rentals and maybe a few flips here or there. My brother who lives in CO will be my hard money lender. He will cover the down payments and rehab co...
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Investment Info:
Single-family residence other investment in Maywood.
Purchase price: $50,000
Sale price: $163,000
I was involved in helping an investor buy this property he fixed and flipped. Proper...
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BP family, If I was to purchase a home to eventually flip (house hack) how long would I need to live there in order to not get Tax's taken from the flip profit?
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Hi BP friends!Looking for some thoughts / guidance.....I am considering forging a business partnership with a like-minded investor in my area. On the business end I was wondering if there is a standard in terms of pr...
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A bit of a new guy here.If I take my 401K after I leave my company and move to self directed and then buy 1 or more rental properties in cash.Does the monthly income from the rental have to be moved into the Self Dire...
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Not sure if this is the right forum - these aren't exactly foreclosure properties, but are basically handled the same way, just by private sellers.The back story: A few years ago there was a massive earthquake (or two...
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Hi everyone!! Buying our first investment property. My son is buying the property in his name and using his money to pay closing costs and down payment. My fiancé and I found the property, negotiated the contract, and...
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We purchased a property and provided all the funding for repairs/work. We have also done at least 50 percent of the work, closer to 70%. We had a friend helping with an understanding that we would split profits with h...
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Hello all. I am a small contractor who wants to begin flipping houses in my area with my brother and another contractor. As this is my first venture, (and theirs) I want to make sure the agreement we make is fair befo...
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Got a question for the masses. How well would I do, if I started a clean out business? Like, go into a house, clean everything out and down to the studs including old wire and such. How often would it be needed and ...