Hi Everyone, first time poster here from the Lansing MI area, I recently joined This group last month. I'm really enjoying the podcast and the fb group. I'm so excited to get into real estate. I don't have alot of c...
Investment Info:
Condo fix & flip investment.
Purchase price: $195,000
Cash invested: $10,000
Sale price: $279,000
Cosmetic DIY live in flip of 1000 sq ft 1br 11/2ba condo.
What made...
I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Investment Info:
Single-family residence fix & flip investment in Covington.
Purchase price: $88,000
Cash invested: $46,000
Sale price: $179,500
This was the first flip for me and my wif...
What tax form should I issue an investor if they provide the cash for the deal and earn a portion of the profits?This could be a 1 and done or could be a long term structure...how would you structure the partnership o...
My husband and I have a small business for 7 years now and the last couple of years we’ve been very blessed and business has been great! I’ve had a passion for real estate since I was 19 years old so I work for an arc...
Hey guys I’m new to this I had a friend who referred me to bigger pockets I discussed my interest on getting into real estate in 2020 when I come back from deployment so I’m doing research gathering intel before I sta...
EN: Hey there I’m just starting off my real estate journey and I wanted to know if anyone could share some piece of advise or is aware about the situation of the real estate market in Argentina, Buenos Aires. Do you b...
Investment Info:
Single-family residence fix & flip investment in Pittsburgh.
Purchase price: $80,000
Cash invested: $75,000
Sale price: $238,000
Total demo and remodel of entire inside, elec...
Hey BP,Had a question, which I have asked my Broker. (awaiting response...) But wanted to get your thoughts of the advantages of being an agent for flips from a "commission savings" standpoint.Assuming I can use my li...