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Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
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Good morning all, My wife and I have been discussing the idea of going into mortgage note investing for almost 18 months now with me doing the lion's share of the research. I am on board with the idea of passive incom...
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I’m close to purchasing my first turnkey and I wanted to see what others thought about doing this during a pandemic. With unemployment rates running so high it seems likely that I could end up with an unemployed tena...
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We have a new project we are starting and it's in a great location. We know what we need to do inside and that it needs new electrical and plumbing among other things. The house is 60 years old and the windows are lik...
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Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
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Hi, have you used a mentor to kick start your flix/flip business? If so, who did you use? Has anyone done the education series with Brant Phillips? My partner and I are in the DFW area and have been searching for t...
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Investment Info:Single-family residence fix & flip investment.
Purchase price: $14,500 Cash invested: $40,000 Sale price: $75,000This project was an interesting project. We almost didn’t purchase becaus...
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I would like some advice in regards to getting a little more serious about real estate. I'm trying to figure out where to start? I'm thinking rental properties/apts under $40k each and get approx 3-4 more to add to my...
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Hi All,Thank you everyone for providing such amazing content on biggerpockets. Here's hoping that my post can help others in some way. This is a property we bought off auction in Fort Walton Beach, FL. From purchase c...