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Need help and advice! I have had a single family home rental in Memphis since 2011 and never had a tax issue. I am an out of state investor. My LLC was recently revoked and put into inactive status because TN Dept of ...
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Hello there, friends - I'm interested in getting licensed as a Mortgage Loan Officer, but I'd love to run a few questions by someone (or multiple folks) who already have boots on the ground in the industry to get some...
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Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
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Hi All, I
am an aspiring real estate investor based out of Vancouver, Canada. Currently,
I don't have any experience in RE investing but highly motivated to start it asap. Since I have never done a deal, I'm not con...
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So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
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Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
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The new process adopted by Shelby and Baldwin Counties, et al for tax lien sales in 2019 is a nightmare for owners, investors, the community, and the county. But the attorneys will prosper. Owner's redemption time ...
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I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
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Hi all, I found this forum by way of another site, searching for private lending.
I have been looking into putting the condo that I bought 2 years ago with VA loan on Airbnb, but I found short term rentals are expre...
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I spend the majority of my time turning the dials at each of our mobile home park communities to maximize top line revenue and run smart and lean on expenses. Internet is a spot that can actually be a revenue generat...