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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $170,000
Cash invested: $5,000
Sale price: $420,000
Split level, 4bdm., 1&3/4 baths. Beautiful pine floors,...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $165,000
Cash invested: $15,000
We bought this townhome off market and moved into it. Paint, countertops, vanities, and the home...
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I purchased a duplex in NC in October of last year using a FHA loan. I am living in one side and have a great tenant in the other. The appraisal when I purchased came in at $100K and I paid $89K. My mortgage is cur...
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Hi,
Does it make sense to try being a part time real estate agent in order to learn about real estate investing? I have a full time non-real estate job that I intend to keep for quite a while. I've been planning on b...
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So I was just commiserating with a coworker about how I'd love to move on a new real estate opportunity here in town, but all my capital was currently tied up. I came back to my desk, and looked at the time - it was 1...
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In approx 18 months I intend to invest in multifamily as an active investor. I will have access to ~1M in cash for down payment and closing costs (I would also have reserves, separate from this capital). However, as I...
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What is the best legal structure for an investment team that will be flipping a little and holding some properties to rent?
I've read about the series LLC and the importance of assigning a separate LLC to each proper...
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TLDR: Lesson Learned: If you are buying a property to house hack and the unit you intend to move into is occupied with tenants and collecting rent after closing, then for tax purposes, it will be considered a short te...
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Hello. My name is Nevin Ashley, and I am what you all may call green at this game. I am a professional baseball player and have been doing that for almost ten years now. I want to start investing on the side so tha...
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Hey everyone,I have been looking into a property that I think would make a decent rental if I am able to get it for the right price; however, I have a couple concerns in regards to possible rehab.The property is a 2 b...