Michael Hunt
Impact of purchasing investment property before first home
Hello,My partner and I want to get started on rental properties (~$200k, out of state, multi-family), but are also looking to buy our home in the next year or so ($800k+) in SoCal.What kind of impact will having a ren...
Aj Bowman
Property Gain Taxes in Maryland
Hi Everyone,I am trying to understand how the property gain taxes work in Maryland. I know I can use a 1031 to work around the taxes for a little bit but I will using a private lender so I don't believe that will be a...
Juan Mora
San Diego. Is this a good deal for a flip
I am looking at this property for our first flip in California. https://www.zillow.com/homedet...Single family residence Purchase price $450,000Renovation $80,000All in $530,000Selling price $630,000Closing costs $30,...
Jorge Vazquez
How does a flipper make a profit (It's not what you think)
How does a flipper make a profit (It's not what you think)Rehabs lose money? Discount at the time of the purchase is what makes money.
Laura Krukowski
Does 1031 exchange work on raw land?
Just sold a parcel we owned- raw land. Made a 20k profit. Can you do a 1031 exchange on this or does it have to be a house? I feel like I should know this but I don't. Thanks!
Frankie Arguelles
New Investor Introduction!
Hi I’m a newer investor in Grand Rapids Michigan area. I live in Kent city and would love to meet and talk with people who invest in my area! I grew up in Grand Rapids/Wyoming area and During high school I went to tra...
Jacques Edouard Dessejour Lapierre
Other people's money
The big guys like Robert Kiyosaki often talk about opm or other people's money. Now i understand the opm process is, but I have some concerns. 1)Like how long before my property increases in value for me to make a pro...
Adrienne Bryson
Determining a fair offer for move in ready SFR
I am going to be meeting with a potential seller tomorrow. He completely renovated the house so basically it can just be bought and resold.From what I can figure fair market value is about $175k. I plan to wholesale i...
Cody Denys
Joint Venture Question/Clarification
Can someone please tell me if it is typical that the active partner in a JV deal (the deal finder, manager) should draw a 10% monthly property management fee for managing the property? Assuming the JV is 50/50, does t...
Peter Assaad
Buy own place or rent and invest?
Currently live in nyc. Apartment is not cheap- but coming up with 20% Down (if not more) for a pad in nyc is expensive. Currently buying SFHs And MFHs
elsewhere while trying to minimize spending in nyc. People tell me...