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As a newbie just starting out and interested in focusing on REO properties- with inventories at record levels, and in this market it seems as if the banks are the only ones creating equity with home values being so lo...
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The first question is what percentage of tax do I pay on a home that I flip within 1 yr?what percentage after the 1st year. I believe that the capital gain tax does not apply on a sale after 2 years at the primary...
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I'm looking at a couple of properties on Seabrook Island in South Carolina as short term rentals (I love this area and hope to retire here). I'm trying to understand what it is going to cost me to use Airbnb and/or V...
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Does anyone have any good metrics that i can get/ use for Multi-Family Buildings. I need to understand what are the typical percentages that should be allowed for Reserves, Taxes, Vacancies, Maint & Repairs, Prop ...
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Fairly new to real estate we currently have one STR in PCB that’s doing well in its second year of ownership. We own it 100%. We have enough “extra” funds for either 2 more places around $300k each putting 25% down or...
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Just wondering if I can get a ballpark percentage here. If a short sale is listed on the MLS, what's a reasonable percentage of the listing price to offer for the property? Same question for bank-owned properties. ...
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I'm a recent Pro member and I've been analyzing lots of properties trying to find the best deal. I love the tools offered. However, is there any documentation or tutorials that teaches us newbies how to read the proje...
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New to BP and the general flipping/rental industry. Discovered this site just the other day.Long story short, I have a 150K Equity Lien on my house that is untouched. Looking to utilize it to get into the industry. ...
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I'm considering 2 MHP Parks. I will try to detail them outPark #130 Lots (6 Vacant Trailers, 4 Vacant Lots)20 Leased $350 per month $84,000 GIAnnual Expense $16,100 (RE Tax $10,000, Mgmt $1200, Landscape $1500, Snow ...