Hi, i would like to get some general idea, how long should i keep reading books, forums, following ppls stories on how to wholesale and flip homes? i am in los angeles california. I was not able to take the classes th...
Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
My Husband and I have recently moved into a one bedroom apartment on the ground floor of our Landlords home. After only being her tenant for 7 days she informed us that she is selling her home. We were officially serv...
Anybody successfully do 0% interest deals?Example: A 20 unit complex sits on the MLS for a year because it is overpriced at $740k. Offer full price to the seller, but dictate terms. Tell him you'll do a $70k down pa...
Hi folks. I've been listening to the Bigger Pockets Real Estate podcast and the newly formed business podcast. I also listened to the audiobook 'BRRRR' by Mr. David Greene. And of course my first real estate book was ...
Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...
Good morning, We have an old pension that is offering a lump sum payment option (approx 50k). Is it possible to roll into a solo 401k and use that money to fund down payment for 2 investment properties? I assume we...
Waited until day two for a formal introduction.
My name is Wade, and I hail from the Gulf Coast, the Eastern Shore of the Mobile Bay to be a little more exact.
History: I started in Real Estate when it became to dif...
So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...
I am fairly new to the REI world and am currently trying to bird-dog in Boston. If I find one of my driving for dollars leads or motivated sellers is upside down, but I am only looking to wholesale right now, what ar...