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I've been working with a homeowner since July. It's a rental property in poor condition in a great neighborhood. He evicted his tenant for non payment and I marketed the house @ $99K. (Assessed @ 145K) No takers, ne...
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Hi, all...I'll be doing my first flip this summer, and I'm going to post here often to update and for accountability. (No one around me is as helpful to first-time flippers as they make themselves out to be publicly.)...
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Do you guys only do business with one realtor or do you do business with multiple realtors? As of January 1st we have bought 6 houses from the same realtor, but there's a guy in town that has over 100 homes and every...
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* Not sure if I’m posting this in the right area. *I am 22 yrs old, don’t have any debt, perfect credit score (750+) 2 paid off auto loans, 6 credit cards since 18 yrs old (60k available), on time payments, no student...
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Hello,I am seeking feedback and advice on how to fairly negotiate equity with a GC for a specific project. My role is the Developer. My goal is to:1) Make an equity offer to GC based on Fair Market Value of property2...
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Monday we had the lease signed and deposit and first month paid..2 days later the tenant called and said they would not be able to pay next month's rent?? And they would get their stuff out tomorrow... oook. So do I r...
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My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
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Hi all,I have a contractor doing some work on my South City duplex. He told me he'd be done by Monday 2/17, so I gave him a few more days (until Wednesday 2/19) to complete the work. All of this is spelled out in my c...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $27,000
Sale price: $52,000
The house garage had burned. The rest of the house was intact, but had immense smoke damage...
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Adapted from a twitter thread, thought I would share here:The BRRRR method of real estate investing (Buy ➡️Rehab➡️Rent➡️Refinance➡️Repeat) has become a popular strategy in recent years to maximize gains in investment...