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Closed on flip #2 6 weeks ago with $14k profit on $83k investment that took 5 months to do. Not the best return but not a bad return either...Seeking flip #3 but havent seen many opportunities with much meat left on ...
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I'm new to the real estate game, and I'm making a hard pivot in my financial strategy on where to allocate my money. All my life, my financial aspirations have been to max out my retirement accounts, but now I am tryi...
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Property Management software has been discussed often in the threads, but I found the follow-ups on which software was selected to be most instructive.My goal is to further systematize in 2015. Overall, I am responsi...
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Good morning everyone! I've recently started the venture of real estate where I'm looking to buy a multi-family property to avoid paying a $1,350 monthly rent I've been paying for 1 year. To me it's time to move on a...
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As I am getting ready to do my taxes this year I started thinking about the depreciation for my rental property. I know the standard is to depreciate the rental property over 27.5 years but since I don't plan on ownin...
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This is a deal with a friend. Confused how to structure the deal so it's fair for both of us. Or if it's better to BRRRR or Flip
He would either help with rehab or simply lend money at interest.
SFR 3 bed/1ba
Purch...
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I am working with a homeowner that missed 6 payments for a total of $18k. The mortgage is around 365K and the home also worth in the same ballpark. The home is in a great neighborwood, I would like to keep the propert...
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During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
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First off, thank you all for taking your time to read my post. Due to my own personal goals, these questions lean more towards buy and hold investors.1) How long will it take to close on a duplex on average (If possib...
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Hello BP!My family and I have three properties (1 primary, 2 rental) held in one family trust. They trust my methods and are allowing me to leverage the equity to invest in real estate.1) Primary property was purchase...