Mike Watkins
Lease options?
I'm the real estate guy in my group of non-entrepreneurial friends. I get the "hey you got any houses?". And I say no. I don't have any for them. As a wholesaler I mainly sell to cash buyers. I asume lease option woul...
Tyler Burton
Purchasing a home that needs to be completely renovated
Long story short we will be putting 10% down for the house. We could put 20% down and still have cash reserves but we are looking to acquire our first rental property this year so we would like to save some of that c...
Jefferson Mcvicker
House flip capital gains
I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?
Peter Lai
400k. Long distance BRRRR
-I’m from San Jose, CA-I have 400k to invest-Goal is to reach 10+ multifamily units-looking for other long distance investors -looking for connections -looking to network-possible areas of interest: —Columbus Ohio—Lou...
Ravi Patel
First Investment Property/HouseHack Advice Needed
Hi! I am looking to purchase a multifamily home in central/north jersey while living in one of the units. I am considering anywhere really between Bergen county to Plainfield. I am considering 3/4 unit homes as those ...
Leo McDonald
Is it common practice for restaurants to sell for cash only?
Why is it a lot of listed restaurants in the Portland area say cash only purchases?
Alex L.
What's next? Looking for advice/ideas!
Hi everyone, I'm looking for some advice/ideas on I should do next. Here is where I'm now.-Started flipping condos since 2012 and have done 12 deals so far.I exclusively buy condos around city downtown and the average...
Collin Maas
Removing Old Vinyl from Maple Floor
I found some good looking maple flooring under the old vinyl in the kitchen of the SFR that I'm remodeling. In most locations it came right up. There is a section in the middle where the stuff is really stuck down. I ...
David Braun
Non Refundable EMD (in Multifamily)
Hi all! I recently lost a deal I was trying hard to get. We were one of the top two offers but we lost it when the other party offered non refundable EMD. I know this is very common, just wondering how to deal with th...
Account Closed
What can i do with 200k -300k?
Hello to all. I just got my real estate license and and I'm very eager to get my foot in the door in this real estate game. Buying, holding, flipping, fixing etc. I am currently selling my business which is a deli and...