Hello All!The above Karen Carpenter song immediately came to mind when I sat down to type my introduction. I recently inherited a decent house in a hard to sell area so I am a reluctant, yet willing to learn landlord....
So after using the Fix and Flip calculator for the first time I realized the calculator asked the purchase price, associated costs and desired profit; however at no point did it ask for my expected tax rate. Anyone fa...
I'm new to the site and had a question about GC compensation on a flip in Denver. I have a contractor (good guy, have worked him in before, he's in demand on projects). I'd like to work off a partnership with him to...
I purchased a rental property several years ago using my home equity line of credit from my primary residence. Can I now refinance my rental property using my self directed IRA to pay off my line of credit and transfe...
Hi allI am interested in TK as a way to invest in a 'hands-off' manner. I have done lots of research and it still just doesn't quite sit well with me. One issue I have: the companies price the properties based on expe...
I am loaning money to a company that buys, remodels, and sells homes. I am wanting to structure the deals so that my lender profits are capital gains as opposed to interest. Have I been successful?For example, I loane...
Hi all,
I have one fix and flip property under my belt that I did solely on my own (no investors) and took on all costs associated with the project, including all rehab costs. For my next project, I was looking into ...
Many homes sold by an estate could be cost-effectively upgraded and potentially sold at a higher price. With the subset of these homes where the executor might be willing to delay marketing/sale of the home in order t...
Hello BP!
I am a new investor, though I have been perusing the BiggerPockets forums off and on for about two years now and have listened to 30+ BP podcasts.
My family and I have finally started to get the gears chu...
Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flo...