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I picked up the winning bid at a tax sale a few weeks back. Close to 50 properties were sold that day. It will be a fix/flip. The house has good bones on a very good block. I should gross close to 100k when it's sold....
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Investment Info:
Single-family residence wholesale investment in Des Moines.
Purchase price: $285,000
Cash invested: $500
Sale price: $332,500
Short sale that I negotiated with the bank myself. ...
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Hello BP, I am a new investor, i bought my first property in Las Vegas with a VA loan a couple of years ago and have some equity a long with some cash saved up.
I am looking to break into a different market since my ...
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The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, and Repeat, is a real estate investment strategy that involves a series of steps to maximize returns on investment. Here are reasons why investors may ...
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Is it considered a prohibited transaction to sell a note held by my IRA to my ex?
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Hi everyone. I joined some facebook group and sometimes the members of the group offer a joint venture where the original investor has bought a property but will need my money for the renovation. Something like 41k fo...
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As a property owner, managing rental properties comes with its challenges and responsibilities. One of the critical aspects of successful property management is tenant screening. Tenant screening is more than just re...
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Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
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Hello! My husband and I have one occupied rental, one property in rehab and one home that we live in that will become a rental as soon as we find our forever home. We are looking for a Real Estate Attorney in the area...
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My wifes primary residence previous to marriage (7 years ago) has sat vacant. She wants to sell it but was curious of the taxable impact. I am aware of the exclusion for primary residences however since this was wa...