Patrick Britton
Flipping profits and Canadian taxes
Hi,Anyone have an idea how profits from a flip done in the USA are treated tax-wise when the funds are brought back to Canada? A little birdie with the CRA told me that it's typically treated as foreign income, which...
Jasmine Brumfield
Potential Client, Huge Potential Profit
I have a home owner that is wanting to sell her property in Charlotte,NC. It is a Habitat home which they owe about 5K on. They are on board to sell the property for me if I can pay off the 5K they owe but I dont hav...
Terry Royce
Double Closing eating up profit?
It seems that most people favor double closings so that your end buyer does not know what your profit is.
My question is say you purchased a 150,000 house and double closed on the property at 160,000 wouldn't this ea...
Clifford R Fowles
Property Management: Where's the profit?
When does it make sense to get a property manager? Working the numbers, and considering a possible annual vacancy, it seems to zap out entire profit for the year if we are paying 10%, then one month of rent for a one-...
Allen Tracy
Average Turn Costs Killing Profit
I'm curious what everyone is seeing for average turn costs and average amount of time tenants are staying in units.For C class multi family in Columbus, OH I've been seeing tenants stay around 2 years with an average ...
Shepard Solomon
Splitting profits with multiple investors
how to split profits with multiple investors from property revenue. The different to manage that so people are being paid. What contracts do you need to maintain security payment especially for more than 5 peoplee
Billy Abildgaard
Partnering Structure of equity / profits
Hi All,Currently working on figuring out how to best structure a potential partnership. General overview is each person would contribute roughly the same amount for a downpayment. The plan is for a long term rental ...
Owen Dashner
Small CB Starter, Big Profit
Investment Info:
Single-family residence wholesale investment in Council Bluffs.
Purchase price: $83,000
Cash invested: $500
Sale price: $119,000
Contributors:
Brandon Tauber
This...
Jose Falconett
End Investor buyer profit margin
I have tried looking all over biggerpockets but most people are only looking to find out how much their wholesale profit should be. In my opinion, a wholesalers profit should be determined last in the MAO formula when...
Derek Adams
Buy it Rent it Profit
I own the book and audiobook of “Buy it Rent it Profit” the author refers to the appendix PDF often. Does anyone have the digital file? Has anyone created digital version of these docs? It does not matter the format...