Ron Rohrssen
5 Bedroom Colonial Style Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,100
Cash invested: $35,000
Sale price: $235,000
3,610 sq. ft.
2-story colonial style
5 bedrooms
2 full, 2 ...
Olga Daisel
Tax question on depriciation of new construction
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
Jesse H McCrary
Tax sale overages with the help of a lawyer.
Hey guys, I have been studying very hard on the tax overages recovery business. I know this is a very involved niche and lots of legal leg work. I understand through my research that it is nigh impossible to do this w...
Mark F.
Outside wall in neighbors yard, poor condition? PICS
Hello BP,Today I was approached by the neighbor who backs up to me. There's a concrete wall that separates us and a drop off. The owner of the property started saying it's in poor condition (broken english) and I need...
Chad Fowler
Real Estate License - Do I Need A Broker?
Hi Everyone. I am contemplating getting my Georgia Real Estate License prior to starting my house flipping business. My questions is do I have to affiliate with a Broker in order to buy and sell my houses only. Also, ...
Laurence Walsh-Hodson
re: Real estate license
Hi Friends,I'm new to real estate. I was thinking about getting my real estate license. Can you recommend anywhere fast and affordable? Is online as good as in person?Thanks,Laurence in Los Angeles
Erik Pilon
Negative ROI, is this the reality of non-resident investors?
While I'm waiting for my pre-approval, I'm starting to look up fourplexes and simulating numbers on Excel, seeing which are a good deal and which are not from the MLS.Problem is that as a Canadian citizen but non-resi...
David F.
Capital Gains Exemption Fractional Ownership
I own a home I've lived in the last 3 years as my primary residence. It's in an area where it would work well as a vacation rental. I'm considering offering a fractional ownership share of it. My questions are as fo...
David Ferguson
Purchasing a vacation rental in Barbados.
Would like to purchase a property in Barbados for short term rental.Does anyone know the ins and outs of ownership on that island.Thanks.Dave.
Delicia M.
Buyer Default on Contract Day of Closing.Can I Keep Down Pymt without Going to Court?
On the day of closing, the buyer decided they want to back out of the contract for no substantiated reason. The buyer wants their $50K downpayment back. My attorney is advising that I take $10K out of the $50K down p...