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I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
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Hello guys,I've never pulled the trigger on a deal before, in part because I don't have all the capital lined up just quite yet but mostly because I am not confident in my ability to analyze a potential deal. When lo...
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*** I am not affiliated with Fortune Builders in any way. I do not work for them. I am not being paid by them for this review. This is my own personal analysis of my personal experience ***So I attended the Fortune Bu...
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I have been looking at homes that are at just 25 percent of their 2004-2006 sale prices and are now 100k and under. I only have 20k in ready cash and am looking at 20 percent down.
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So I have a property that I would like feedback on. I just finished this renovation on this property and got it rented out on October 1st. Let me know what you think about the numbers and the work. Even with these int...
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Hello BP,I am new to the real estate investing and would like to create some fortune by rental out my property as side income. Currently I am living in a condo which I've already paid mortgage for around 1 ½ year. I a...
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Hi BP!
As new landlords, we do not have enough experience with the screening process, and would like to get advice from others.
We have a married couple wanting to apply and I am planning to use Cozy to screen them....
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I am looking at a triplex and a six unit. Both were converted from large SFH to multi family a long time ago. The landords currently pay utilities which I think is insane. I want to know if any of you have a rough ide...
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Hello,
I would love to hear everyone's opinions and experiences funding flips...
If you had enough cash to finance the acquisition and renovation costs would you go that route?
While I understand the incentive of ...
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So I have a 2 part question. We have evicted some tenants due to them not paying their rent. We sent them a 3 day to pay or quit and they moved. However, we were in the facility (dealing with a so called mice probl...