Hi. We've been looking to invest in a SFH and making it a rental. We found a foreclosure at the 90k price point, which is good in our area (NY). To our surprise, the house looks pretty good inside. It's not too bad o...
If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...
Anyone having any recent experience with any of these programs? I'm testing both right now to manage my 42 units. I did a search and it seems like the last few topics on the subject are pretty dated.
Thanks in ad...
Hi BP Community. I've been soaking up as much info. and advice on the site over the last 2 months in search of a good market to invest in. I've narrowed it down to Indianapolis based on the population and job growth f...
I have a house under contract that's a 1920s build in a historic neighborhood in downtown Raleigh. The house is in overall good condition with original plaster walls, plaster ceilings, original doors & trim. It al...
I know most people who get into private lending usually start by lending to friends or family or someone in their trusted network. Is it really as simple as that? Just draw up a promissory note, register it with count...
I’ve been analyzing deals for a couple years now and have both a brrrr and a flip under my belt. I’m very familiar with the 70% rule, 1% rule, 50% rule, etc etc for rentals. Are there any rules of thumb for analyzing ...
What is a standout factor that will immediately turn you away from analyzing a fixer deal any further?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $69,900
Cash invested: $10,000
Second investment property under the books, currently rehabbing the property and hop...
Tired of working "in" the business and would rather be working "on" the business?So are we!! Implementing Scale-able Systems is the first step for us. We are currently using Quickbooks and Excel spreadsheets, so any...