Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Jared Garfield
Do You Own Your Business or Does It Own You: Flip or Buy & Hold?
As an experienced real estate investor, having already owned dozens of properties and a real estate brokerage, I found instant wisdom in Robert Kiyosaki's "Rich Dad, Poor Dad." I read the book and thought, "This guy ...
Justin Bresson
To Flip or Not to Flip
I've come across a investment opportunity, it will be my first flip, and I can't quite wrap my head around if the numbers work or not. Unless I'm 110% certain I will walk away.I would love some input here.Purchase pr...
Account Closed
What am I missing from my analysis.
How is anyone making money offering full price on listings? I'm in the Houston area. A few weeks ago I was looking at a home that was listed at $125k. It needed a lot of work. It had been vacant for a while. The floor...
Joanne Basecki
Another way to access funding 4 a small rehab?
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
Gray Karnes
Private Lender / Partner
I have been looking for a private lender and have an acquaintance interested. However, rather than be a lender at 8-10% interest for short-term loan, he wants to be a 50/50 equity partner. Is this common? I am look...
Doug Silverman
is there a guideline percentage for partnerships??
I have a partner who is putting up all the cash...I am finding, managing and selling the properties...what is the standard percentage for each partner in this case...I was thinking 60 for him and 40 for me....is this ...
Sachin T.
Real Estate as a Business
Wanted to find out what people think of this line of thinking : 1) All your buy and holds are a business 2) You borrow money with a downpayment, just like in any business you would have some stake (say a VC funding)...
Pat A
Does location matter in wholesale deal?
Hello,
I was told that in wholesale transaction, location doesn't matter. Just find a deal. Is this true? It doesn't make sense to me. Location probably not matter to a wholesaler but to the end buyer, it is and who ...
Travis Frenchak
Purchase cheaper cash flowing properties or wait for more...
Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flo...