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Investment Info:
Condo fix & flip investment.
Purchase price: $35,000
Cash invested: $5,000
Sale price: $67,000
My first ever flip project. The deal was brought to me by a wholesaler who is n...
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Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
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OK, so at this point I'm a newbie.
My orientation is to want to put together deals that are a "win" for everybody involved. When you are talking about wholesaling, wholesaling by definition involves buying properties...
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I have found a couple agents on my own and turned out they weren't investors themselves, and basically knew nothing about what i'm trying to accomplish. Is there any business etiquette when it comes down to moving ont...
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Hello experts,I'm looking at a couple of duplexes that look good on paper in terms of numbers and cashflow for a buy-and-hold rental investment, and are in a strong rental market. However, these units are right on the...
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Hi BP Experts and Community,
Newbie here looking to invest in Multifamily (Dup/Tri/Quadplex) rentals for cashflow. Currently contemplating on which market to start, especially with the current climate (i.e. rising ra...
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I am from California originally and the homes there are predominantly on slab foundations. So I have little experience with crawlspaces.I just received the home inspection of a duplex I am in contract. The inspector...
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My wife and I recently attended an investment seminar / meeting and were simply amazed at many things we heard. They all fit under the general category of ignoring risk. You could also call it creating houses of car...
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Hello all,I have recently relocated to Charleston from Iowa. My wife and I have owned rentals before and would like to start buying houses for that purpose here. I have some time on my hands for "some" remodels or ...
Hi,
I know someone who wants to lend me money from his retirement account.
I have suggested that he set up a self-directed IRA, which could then put his money into an escrow account, where he could basi...