Josh Sturniolo
Rent or Sell?
Hey Everyone,
I am interested to hear your perspectives on whether you think selling or renting my property would be the more prudent option. The context is, I am in the military and moving in a couple months. I used...
Shannon M.
Thinking of buying a condo in Hawaii to rent out...
My husband and I have been looking for investment property for about 6 months now with no real luck. I’ve been entertaining the idea of purchasing a condo in Hawaii and renting it out... any thoughts on this?
Beatrice Temi
New to Wholesaleing
Hello, I could use some suggestions and ideas. I am just starting in wholesaleing and would like to know if it is wise to put out an LOI on a property that's only 59K and a fixer upper to wholesale. The seller is sell...
Waylon Smith
STR Cash Flow Analysis First Time - What do you think?
Hey everyone. My wife and I are ready to invest in our first STR. I know BP has rental calculators and I will likely use them in the future. However I wanted to do this manually so I can learn it myself first. I would...
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
Sean Gallagher
Closing cost
I have a contract right now used to wholesale and its puts all closing cost on the seller.. Is this fair? Usually most serious investors are dealing with cash so there isn't as many closing fees compared to a lending...
Mike Nelson
How are you making offers to sellers?
I'm curious to know how other wholesalers are making offers.
Are you using the MAO formula? Do you go off recent cash sales then factor in your profit? Or, are you making offers based off what your buyer would pay?
Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
Bryan Plumb
normal (current) loan origination rate for an investment property
Hey everyone,
We are buying a condo in Hawaii and received our estimated closing costs for our pre-approved loan. This is our first investment property, but I did know to expect higher fees in general. However, was c...
Nicole Vincent
Analyzing Short Term Rentals
Hello All, My husband and I are looked to buy a short term rental in the Smokies in the next few months. I have gotten pretty good at analyzing long term rentals but have a feeling I am leaving things out when analyzi...