Will Gates
bathroom/kitchen/laundry situation? Remodel?
Hey BP! My wife and I are looking at a possible duplex (ideally to househack the smaller unit). This is a rough sketch of the layout, not accurate to scale but pretty close... The bottom unit (in the sketch) has a wei...
Ray Vidos
Flipping
Could somebody give me an idea of what kind of profits you should try to get when flipping a house. I am working completely blind here. I was for example putting 20k as profit is that reasonable?
Lauren DeFreitas
Modern Farmhouse Flip in Plano TX
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $219,000
Cash invested: $120,000
Sale price: $525,000
Full renovation including all new plumbing (removed cast ...
Sunny Yu
How to reduce taxes on a home sale as an unofficial partial owner?
So if I contributed some money to my dad when he bought an investment property - I made the PSA deposit during the transaction. Verbal agreement is I’m part owner of the property, but we’re flexible on semantics as lo...
Shafi Noss
Buying LLCs Instead of Property
Real estate has high transaction costs. Buying or selling an LLC has less transaction costs than buying and selling property. Aside from lower transaction costs and lack of full title insurance, what are the pros and ...
Chris Cook
Newbie from Cary, NC
Been thinking of investing for awhile and think it's time to get off the chair. Thinking of vacation rentals on the NC coast as I don't think I want to deal with long term tenants and I like the beach! Not sure how th...
Flavio Zanetti
New FHA Regulation for HELOCs
Folks,I was in the process of increasing my HELOC limit when BoA mentioned there is a new FHA limitation on HELOCs where the total number of mortgages someone can have in order to have a HELOC (bear in mind I was just...
Joe Battung
Design: where do I start?
Ok, so I’m under contract and need to start building the vision for this rehab, where do I start? I’m a visual person and like to have a visual representation of my vision. I don’t like to just pray the contractor h...
Leyanne Oliveira
Real Estate
Good Morning Everyone,As I continue to educate myself as well as actively look I had a question I was hoping someone could shed some light on. I took a Real Estate class which began by explaining that everything in cy...
John Gonzalez
Want to learn how to convert a physical rental property into a mortgage note
Hello,I own a physical rental property. I want to convert this property into a mortgage Note.What are the exact steps to do this?Thank you