Jordon March
First Development Deal... Am I being overly ambitious?
So, I’m considering buying about 3 acres of land for $1.6 million. The seller is open to seller financing for less than a year, but would want at least $500k down and non-refundable. Demolition would be about $100k an...
Account Closed
How to calculate capital gains taxes
Need help calculating capital gains taxes if we decide to do a straight sale vs. 1031. Need to pull out some cash and thinking we want to get out of being landlords but need some good numbers to make our decision. Hav...
Antonio Boone
Should I take a house that was offered for free?
Hello BP, I have a coworker who wants to give me one of his houses for free. I have only taken a look at the house on google maps and from those images it looks like the house is going to take a lot of work. So I am n...
Gabe G.
newbie question, gross cash flow vs net cash flow
As a new investor. I am more concerned about gross cash flow.
Which is simple rental income - principal-interest-tax-insurance
In the Indiana market I have been shooting for $500 in cash flow per proper...
Tim Rainey
Anyone ever invested in Sonic Drive in NNN property?
I found a sonic drive in with an 8% cap rate thats NNN. Its only a real estate purchase. The business is owned and operated by the renter.Does anyone here have experience with these investments? Pros/cons? Is it somet...
Account Closed
Cooking pot roast on top of potatoes?
This is the first time I ever cooked a roast before. Probably messed up a few things. I'm cooking it in a crock pot. Obviously I'm no Iron Chef here, but I can cook a lot of dishes pretty well. I'm trying to eat a lit...
Jason Faucher
1031 Exchanges
Can I sell a spec home and turn around and use the profits to buy a vacant piece of land that one day I will build a home on for Primary residence under the 1031 exchange rules?
Amanda Sokol
First Multi Family Purchase and struggling
I am hoping someone can offer me some guidance. Any advise is greatly appreciated! I purchased a quadplex at sheriff sale for $51,000. It is in rough shape-tree growing through the middle, needs new roof, termite dama...
Jake Hartnett
The Land Geek
Has anyone bought Mark Podolsky's Land Geek Course about flipping raw/vacant land?I'm interested to hear what you thought of it.Thanks.
Brian Douglas
How to split profits or money on house flipping?
Hello all me and my uncle are wanting to flip a house. He said he would buy the house and materials well be the "investor" and I would be the contractor. After fixing up the house and the house sells what is the gener...