I am new to the rental game, kinda. I rented to my parents for 15+ years and when they past I rehabbed the house and sold it for $120k profit. It worked well because it was a rental they were renting for someone else,...
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I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
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I have tried looking all over biggerpockets but most people are only looking to find out how much their wholesale profit should be. In my opinion, a wholesalers profit should be determined last in the MAO formula when...
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Over the last year, my fix and flip business has grown gradually and it looks like to grow further I'm kicking around the idea of trying to use some hard money to fund more projects and to get used to working with har...
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Howdy folks!So a friend of mine, who is not into REI, has sent me a couple of off-market leads through his family/friends, which is great but I'm currently low on funds to close the deals. I'm in the middle of SFH re...
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Here's the situation:I have the land under contract at a good price, I have a GC who is invested in the project and brings a 25 years of multi-family construction experience to the deal. I have an architect retained w...
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Hey there you guys...I’m looking into buying my first rental property and I’ve been running numbers in my area and have a few questions to see what you seasoned vets would think. These are strictly questions for buy a...
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BP, this is not necessarily a REI question, but here it goes. What are some of the things that one should consider before deciding to buy a business? In particular, a friend was approached about buying an existing dr...
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With the current economic crisis and slumping housing market are any deals still getting done? Are flippers still flipping? Investors still buying? And if so, what segments? Low income areas, apartments buildings, e...
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First time posting here. So if this is the incorrect section let me know. Quick overview, own a condo bought at $132k in 2015. Paid off condo and built new home, still own the condo. THe condo has appreciated to just ...