A family member is thinking of using their line of credit on their paid-off house for a friend who is a builder. I am curious if anyone has ever heard of or done this before. Apparently, when the house is built the...
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BP,
Anyone familiar with auction.com? Have you bought from the site? I assume it is similar to a sheriff sale but just online. Any success? What is the process?The reason I ask is there was a proeprty (REO) on the ML...
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If I purchase a flip property at the end of this year and then sell it at the beginning of next year, how is that taxed? For example, are the expenses reported as a loss this year and the entire sales price shown as a...
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What advice would you give to a first time investor on how to find, what to look for, how to analyze, acquire financing, negotiate, and buy one of these properties in these market conditions?
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Need Advice:
I received my development order a few months ago and now have it extended for two more years from Fl. Senate bill 360. My overall plan is to redevelop my 30 year old boat sales and service business into ...
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Hello my good BiggerPocket friends,What is your opinion and advice on the below? I'am a little confused in what type of investment direction to go. Personal property (rental few years down the road) vs group rental in...
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Like many of you, I have > 100 residents paying rent to me each month. This is terrific. But with rent being set, I often wonder if other landlords have found ways to find incremental increases in revenue (that lik...
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According to "The Ultimate Guide to Wholesaling" Re: Fixed Costs ... I should include the Holding Costs & Transaction Costs on both sides of the deal to use in my MAO. Comps ... All three are PUD's ( Planne...
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I am in the process of vetting a few different small apartment properties. That being said I have some private money lenders that are interested. My problem is, I don't know how to structure the loan. To give you a fe...