Moises Suazo
Possible deal looking for partner
Hey guys I found a building in New York that is valued at 900k and the owner is willing to sell for 800k cash. It nets 94k after taxes (30k) water and gas. Im wondering if anyone would like to partner up on this? Lo...
Rich Weese
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Craig Osterloh
Using a management company
Wanted to get opinions. Self-manage or hire out? I have done both. Paid about 8%, although that was a few years ago. Currently I pay a manager to handle everything but the accounting. Eliminates alot of the heada...
Michael Williams
Creating an LLC for next property
Before I purchase an apartment building (5-12) units in Sacramento, Ca should I have an LLC already created for private investors and lenders? How would I add my current property with my future purchase? Would a lawye...
Sean McCluskey
RE Taxes in Indy are bad for business!
Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...
Jason Dillard
Wholesale or trade equity?
This took me 10 years to learn:ARV 200k. Repairs zero. Contract price 130k. Wholesale for 10k. Not bad. I keep 6k after taxes. Or.........ARV 200k. Repairs zero. Contract price 130k. Trade house for 1m property. All...
Warren Lee
New member
Hi all,I'm new to real estate, i have an accepted offer and it's my first deal. I have a question for all you pros, When you put a down payment on a home is it better to put as little money down as possible or should...
Wesley Weber
Help me understand - is this viable process?
I should note I've been involved in real estate in 1 way or another for many years aND am now looking to get into the investment side of it. Is this a feisable option and process of a short/mid term Single family home...
Greyden Piechnick
My mom isn’t able to claim Real Estate tax benefits?
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Robert Huizar
Tax Deed Question: When the HOA is the current owner.
A Tax Deed auction The property (condo) has an HOA listed as the current owner after foreclosing on a loan it made to the buyer (perhaps this is represenitive of fees not paid). The property has over $35k in property...