Hi all, 4 people (Myself, my girlfriend, girlfriend's sister and her boyfriend) just completed a flip that will go up for sale this week. Do you have any guidance on how taxes would work in this situation?My girlfrien...
Hello I live in New York And work full time I want to invest in Pittsburgh Pennsylvania which is about 8 hrs away from me utilizing the Brrrr strategy but I won’t be able to be there to watch contractors supervise and...
Hey guys, We just acquired a flip project in Dallas. An architect told us that the city of Dallas is backlogged by 8 weeks for approving addition permits. I understand, we as a city, have though a lot recently but thi...
Good day all, could you take a look at my flip calculation below? I am working on my first deal and want to make sure that at least on paper it looks ok.Purchase price 85k, rehab 50k, arv 190k. Hard money loan 55% of ...
I am trying to figure out what to do when it comes to refinancing. I am thinking of putting all my loans into one loan and doing it that way.Here's what I have now (all loans are no escrow, principal and interest onl...
Hello,So from my research, i see that many airbnb operators in Philadelphia buy a nice townhome in a b class area and market them for airbnb.The avrg income is 2200 per month or 29.5k per year plus other income. Townh...
Im in the process of getting a distressed duplex (small fire) that someone has started to flip. Its been sitting vacant and costing him money so I called and pitched a low cash offer and then a higher seller financing...
I am wondering if anyone in Minnesota had a rough estimate of home much carpeting costs installed, per sqft. I am new to rehabbing and would just like to have a rough idea before getting bids. Thanks!
Hi BP Community,This is my first post here :).My husband and I are rookie investors, and we are trying to buy our first investment property since last April. Unfortunately, we keep getting outbid by cash offers withou...
I have been getting some requests to show our rental to expats. It is usually a relocation agent that seems to be helping the client find a home. In my case, all of the expats seem to be from Japan. I have not verifie...