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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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Was talking to a friend and they had mentioned that their realtor had said that Flipping properties in Maryland is illegal unless you have a license. I thought it was very strange because i've never heard that, but s...
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Hey Everyone!
One of the obstacles I've been working to overcome is learning to speak the same investment language as both the people I buy from and sell to. Below, is my opinion of neighborhood breakdowns on how I ...
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I'm hoping someone can help me understand this since I'm just starting out.I found this house on Zillow that was listed for around 250 days. I looked up the address and the property taxes and school taxes are not paid...
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I have the numbers ready to share and I'm just trying to collect as much information on if this the right time to make my first REI. It will cash flow but not at the rate I originally hoped for. I have an RV that I re...
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Hello,Long time lurker, first time poster.Short background on me - I've been buying & renting properties for nearly 12 years. I've brought my wife into the mix, and we now have a total of 9 units across 7 properti...
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I want to hear your thoughts on how you calculate the risk of failure for investing in real estate. As someone who has invested in equities my whole life I was trained to look at the WACC value or Beta of risk based o...
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Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
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Hey! I'd love to discuss the Chicago economy, and how it is going to effect the real estate market. I believe we are in a period of slow national growth for the next couple years, but that doesn't mean certain areas...