Hello everyone!My name is Chris McCarthy.I'm writing this post to introduce myself and start getting involved in this awesome community! My goal for joining this forum is to learn from the best and network. I just tur...

I have a prospective tenant that is eager to move b/c he is living out of a hotel now (in the midst of a divorce; divorce hasn't finalized yet).He hasn't started the application process yet but when I mentioned cost t...

im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...

I will be getting my real estate license very soon (approximately 2 weeks). I currently work full time in the RE industry (not as an agent) but will probably start out as a part time agent on the side doing open ho...

Your advice appreciated with this dilemma:

I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...

My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...

What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.

Okay so my commercial real estate brokerage business is great. While I want to make investments what I do not have a lot of is time to devote for a return because that is a JOB.

I do not like hard money loans for len...

I am currently setting up my goals and would like to be realistic in my projected returns, because a couple of percentage points make such a huge difference.My goal is to use $60K of my own cash from income or to use ...

So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...