Hello I was just wondering if there was any land developers on here that could help me out with some questions. I have have fix and flipped, built new homes, have rentals, but I haven't ever done a development. I am l...
Hi everyone, we finally did it. Took the first step and put an offer on a property. Now we need to finance it. We spoke to Quicken and said they wouldn't finance our investment, because it wasn't a primary residence o...
I've been watching Opendoor since almost selling a home to them last year, they backed out at the last minute from an offer so crazy I felt certain their future was already written. I ended up selling the deal to Redf...
Hello all! I'm curious if anyone has had experience working with Lima One Capital as a hard money lender? I'm specifically looking for fix & flip loan. Any feedback, good or bad, would be much appreciated. Tha...
Just wondering how people are finding very cheap houses to buy. Are these houses old houses. I see 1889, 1912, 1934 houses being sold for $40,000 to $50,000 price range. Are these the kind of houses investors are buyi...
I have been traveling to Pinellas Co. - specifically Clearwater and St. Pete for years now and absolutely love the area. I see so many STR’S on Airbnb/VRBO and have rented several myself. Everything I read says that t...
I know this is a difficult question with no concrete answer... from the experienced park operators - when evaluating a property what type of attrition would you expect (should factor in) from tenant owned homes?
Hi all, I am thinking of lending money to a friend as a promissory note. From what I understand, the interest on the note is subject to my personal marginal income tax rate. Is that correct?Any ideas on how to reduce ...
For companies that were required to include operating leases on their financial statements, they show large increases in PP&E as well as long term debt. This inflates changes in net capital expenditures, changes i...
Hi everybody! I'm currently looking at a deal that is most likely a tear down. Asking price is $175k. The land is assessed by the city at $185k. The house is valued at $75k. The subject property has an ARV of $350k. V...