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I have a property under an owner finance contract (with contingencies) in NE Ohio. Property was advertised as "rent ready", and I requested photos, and ownership history (looked all title, tax history up myself as wel...
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If I could have a dollar for every time this question was asked...
To be frank, I had always answered - No. However, upon closer examination the answer is - it depends. Depends on where, how, and with whom...
This 70% rule? I do have a question about this. This 30% off the top of deal that you just found goes right into the cash buyers hands? With no question. OR is this a 30% window that you can work with to gain a litt...
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Hi,I'm wondering how much does capital - gains tax affect your profit margins? If I hold a property less than a year and flip it is it just ordinary tax (federal income tax) on the profits? Just looking for some clari...
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Hi Everybody-
I'm brand new to the real estate investment scene... but have certainly done my homework over the past year.
Recently I have spoken with an owner regarding an owner financed deal. These are the basics...
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I was looking at comps for a property and stumbled upon a flip. Same neighborhood, same house.The other house was bought for 145k, 1248sqft single story on slab 3/2 with carport. Installed all new tile throughout, r...
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Disadvantages of real estate investment
1)There is no business barrier, it easy o get capital from the banks, so many competitors/people could do it, which means more supply. Hence,this reduce the profit margin
2) ...
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $345,000
Cash invested: $160,000
Property is now worth $830,000.00
What made you interested...
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I need help seeing if this deal is profitable. I can obtain the property for approximately $13474. That figure bring takes it out of foreclosure status.The repairs are around $5-7K. The property has n nearly 50000...
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I am thinking about doing a 2 property deal tomorrow and would like to hear what you think about it. The properties are in extremly desireable areas of the Phoenix metro area(3,000 sqft. in Chandler & 1700 sqft. i...