Gus Muller
Investment #13 fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $260,000
Cash invested: $30,000
Sale price: $341,000
Investment #13 fix and flip. We thought about keeping this...
Tim Sipowicz
Capital gains tax and what to do
I’ll be selling my primary residence next month. We’ve lived in the home the past six years so my understanding is that if you lived in the property two of the past five years, you don’t have to pay capital gains tax....
Alex Xu
Can I use my investment property to operate a business?
Stupid question? Maybe...I'm in the process of buying an investment property (single-family). I plan to open a business using this property. Can I create an LLC for the business and rent the property to my business? I...
Hassan Mahmood
Approx ARV for a single fam in DEL CITY OKLAHOMA/OKC
Hey! I was trying to figure out a possible ARV on a home I might be purchasing. It is in Oklahoma City right on the border of Del City. It is in the Del City school district. 3 bedrooms 2 bathrooms. 2 car garage. 915 ...
Taylor K.
Seller financing deal
Hello everyone, I have recently come across a package of properties for sale by owner. There is a 4 unit and 2 duplexes. The asking price is $120,000. The gross rent is $4200. He is wanting to owner finance them. He w...
Brando Nava
Need help getting started
I am clueless about the real estate industry but it’s something that has caught my eye in the last year or so, and I am thinking that starting out with a douplex would be the way to go. I’d appreciate it If someone ca...
Kevin Hintz
Help with how to make a good first impression with lenders?
I'm plan on beginning my search for pre-approval of my second loan. I'm going to shop around some lenders to see what options I've got and I was planning on putting together an easy to look through little binder that ...
Lindsey Vargas
I want to hire cleaning lady in between renewal
So my tenants have been here for 2 years and ab to sign another year lease. I go in their unit every month to change their AC filters. I don’t mind incurring this cost bc then I can insure it’s being done when it shou...
Bruce D. Kowal
Income tax deadline on Monday October 17 - An important tip!
If you are NOT fully prepared to file your 2021 tax return on Monday, October 17, DON'T FILE LATE!!!!! [IRS calls this "FAILURE TO FILE". It is not a sexual dysfunction]
What you do is to FILE SOMETHING to the best...
Joshua Kulzer
Second Flip - Platte City, MO
Investment Info:
Single-family residence fix & flip investment in Platte City.
Purchase price: $72,000
Cash invested: $2,000
Single Family House built in 1888.
3 BR
1 BA
What made you in...