Ben Gonzalez
Dealer Status and Installment Sales
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
Logan French
Where to Purchase First Rental Property
Hello,My wife and I just moved to Boston, MA and we are looking to start investing in real estate soon. From what I have been told so far, it seems like it difficult for new investors with limited starting capital to ...
Clint Harris
Poll, what is your acceptable Cap rate?
Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
Jamie Wooley
VOTE NOW!!! This will take 10 seconds, I can't make up my mind!
Please help me with a logo for my company. This will be used for branding purposes and also a professional logo. It will be on direct mailers, business cards, website and social media. Just put the number below and...
Justin Goodin
Direct Mail Question
Hey everyone, I am in the middle of a direct mail campaign. I am taking all of my advice from a great Joe Fairless article. I am set to send out the 3rd round this month. My question is instead of sending out the same...
Account Closed
Ideas for Matching Floor and Wall Tiles
There are two schools of thought when it comes to tiling the bathroom or kitchen. One camp says that the wall and floor tiles should complement each other but should not match because matching floor and wall tiles mak...
Glen Fernandes
Minimum Parking Requirements in Downtown Chicago
Current State: 2-unit (2-BR 1 BA each) with unfinished basement (egress and height requirements in place) in West TownRehab Goal: 3-unit (3-BR 1 BA each) Issue: A local architect mentioned that while the property was ...
Louise Whidby
Studying Appraisal Report
I have been reviewing an Appraisal Report sent to me by a Seller. Report was done in April 2013. House was left to gentleman by his late mother. His 89 year old aunt resides in the property, but they are trying to fin...
Luke Carl
Long Distance Self managers... How do you show the property?
Long Distance Self Managers! I live 2 hours each way from the property. I rarely drive down there but when it comes time for a new tenant I want to meet them and be involved. (This is a new purchase closing next week)...
Ryan R.
Bathroom Layout Question
I apologize for the crude drawings but your input is appreciated. The image on the left requires little changes to the existing bathroom. (knocking down a wall and putting in 72" vanity.)
The image on the rig...