Dw Chalmers
Wholesale deal break down
Investment Info:
Single-family residence wholesale investment.
Purchase price: $10,000
Sale price: $20,000
inbound lead came trough out of state seller looking to liquidate we contracted this 2bd 1ba...
David Friedman
Mission Inn, Riverside Duplex - Great cashflow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $325,000
Cash invested: $65,000
Purchased a duplex with the intention of assembling the land next door to ev...
Chelsea Gilford
Seller wants more than ARV
I have a seller that wants more than the after repaired value. How should I explain to the seller that the price they are asking is too high and what next steps should I take to continue to help them with their sellin...
Rob Bergeron
Microsoft Opening Regional Hub For AI in Louisville
https://www.bizjournals.com/louisville/news/2019/06/07/fortune-50-tech-company-launches-pilot-program-in.htmlWith Louisville being in the bottom 39% in tech jobs compared to peer cities, this is a step in the right di...
Roee Agami
How to report profits from HELOC money in tax report
Hi,I opened a HELOC account and withdrew the money to lend it to an RE developer.I made profits from it eventually, as well as paid interest to the HELOC bank.Can I report it in a way that will allow to deduct the int...
Jean Godin
Just moved to Arizona
Hi my name is Jean. I am a french canadian who took the courage to make a big change in my life in moving from Quebec City to Gilbert Arizona with my wife and my 3 sons. We are interested in buying building apartments...
Bob Gruenig
Deductibiliy for travel to rental market pre- and post-purchase?
I purchased a out-of-stated rental property in May 2018. I visited the area prior to purchase of the home and then visited it in December 2018. Is my first trip deductible, having eventually purchased a rental prope...
Damien Cox
Dealing with bank
I found what looks to be an ok deal. A vacant property owned by an out of state bank (from chain of title it looks like a credit default swap) that's approx 80k under median value. I have not inspected the inside but...
Michael M.
HML for New Corporations
Hi All,
So I recently formed a corporation for my construction license and REI I'm looking into the Los Angeles/Orange County, CA markets as well as Columbus, OH and was wondering if anyone have recommendations for ...
Jim Oguntimein
New Member
New member located in the Washington, D.C. Metro area. Looking to get into real estate investing. Primarily in the PG Baltimore, and DC region. Looking to invest capital into real estate opportunities either as a le...