David Anderson
Ways to minimize capital gains tax after flip
We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
Yoni R.
70% ARV rule
I'm interested in knowing how many investors here in the forum are successful in buying their properties for 70% of the ARV? How realistic is this?
Would love to see a vote of some sort and hear stories or advice.
...
Christian M.
Buying Across from a school
I am looking at a duplex which is located directly across from an Elementary school. Does anyone have any experience with buying near schools and the effect on rental demand/ pricing and resale value?
David Harris
Vacancy Rate Calculation For Detroit
When calculating the vacancy rate for Detroit, what percentage should I use when running numbers? One website says vacancy rate for apartments was 16% at the end of 2020. Other websites say 6-8%. I suspect that 2020...
Alon Trappler
Closing on my first investment next week (OOS)
closing on my first investment in a couple of weeks. Location: Columbus, OhioLayout: 2 side by side separate units, each 6BR/2BACurrent Use: Airbnb STRI will be inheriting the future bookings through end of April, but...
Michelle Moss
rent collecting
I am a landlord who is interested in knowing how to get rents without tenants using the mail. I know there are banks who will do direct deposit, but some charge for this service. Any suggestions you investors ha...
Sebastian Kressley
*NEED ADVICE* Brand New Career Uncertain About Investment Future
Good Morning BP Nation,I have a burning question that's been on my mind for a few weeks now. I just graduated college and started my Financial Analyst job in Greenville, NC and it has been quite the ride already. Very...
William Lunsford
Insane Taxes - Spring, TX, 77388 / 77389
So I was looking at two really good starter deals in 77389 and I just got off the phone with Klein ISD. Taxes for the properties ($110K homes) w/o homestead exemption will run $5.6K next year. I know Texas is high h...
Jon Wignall
Listsource.com SLOW.........
I've used listsource.com in the past and don't remember having any problems, but now the online process is so excruciatingly slow that I might need to give up on it. I have specific property criteria that I work with...
Vernon N Hunter
Waterbill Problems Need solutions
Hey,I just bought my first investment property and I got this property simply to get my feet wet. I purchased this property at $7800 total and have put a few hundred into it since Dec. I know that it is about time for...