Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Assuming the potential deal you are analyzing meets your target IRR for investors (net of fees), what's the best way to determine if the deal make sense from a sponsor/developer's perspective? Is it simply making sure...
Hello BP, I was wondering how much of my own money I would need to put down to put a property under contract with a wholesale deal?Can you put a property under contract with no money down and then assign it to a cash ...
I currently have two rental properties and I’m looking to fund my third. I have 11,000 in a traditional Ira and 16,000 in a Roth Ira that I would like to use to help fund my next deal. Can I use this money without pen...
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Hello! newbie here, what a great forum with lots of info!
So long story short, I've been looking into buying a rental property.
Found a property that looked promising but nowhere near 50/2 rule.
Not really showing muc...
I have the opportunity to by a 2br 2ba condo in San Diego, in a neighborhood with the best public schools, from a family member. We'd be buying at market rate, but this means we could get Seller Carryback financing a...
I'm looking at purchasing an 1100 sq ft 3BD, 2BA home to owner occupy and rent later. It needs some carpet, paint, flooring in kitchen/bath. I'm scheduled to meet the 'contractor' tomorrow. I put contractor in quo...
Hello Everyone,
Has anybody used PACE financing program (such as YgreneWorks) to rehab the property and then sell? I was given a suggestion by a contractor to use that to change the damaged roof in one of my flip pro...
Investment Info:Single-family residence buy & hold investment.
Purchase price: $171,000 Cash invested: $35,000Value add 2 bed/1 bath townhouse where we added an additional half bathroom downstairs. The uni...