Hello, all. I'm new to the forum and looking for feedback on using my 401k to start flipping and buying rentals. I've been a licensed broker for 13 years and I've only purchased and sold one investment. Thanks for ...
"Industry standard" seems to be that you pay a percentage of the total lease to the realtor that found the tenant, for the full term of the lease, and that is paid up front.
Why? Why do we do this?
Most of our prop...
The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
Owner financing is like a secret weapon for folks looking to sell their properties after hanging onto them for ages. Instead of selling your place outright and getting hit with a massive tax bill all at once, you play...
Greetings Folks, are there people out there that have found B & C properties on the MLS (Abilene, Dallas, Weatherford, Fort Worth area) ? I best bet is to do an off market deal and BRRRR but I am wondering if it i...
I am looking at acquiring a package deal of a few properties with the use of seller financing for 3 years with a balloon payment at the end of 3 years.I am relatively new to the investment business and I have only eve...
Hello My name is Peter O'Donnell. Finding bigger pockets was like being a kid in the candy store. Lots of good information, and from what I have read so far, a community of like minded, helpful people. I have decided ...
Hey guys, I was hoping to get some more recent suggestions on long distance wholesalers we can reach out to. Our area doesn't have an extremely strong REIA otherwise we'd be networking in person.Long distance is fine,...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $535,000
Cash invested: $90,000
Sale price: $750,000
This was a fix and flip that I found through my network an...
So I've listened to several podcasts on this topic but can't remember if there was a way to know for sure that a lender wouldn't call the loan due if there was a due on sale clause and an investor or regular buyer tri...