Arcinio Arauz
Lot pricing
A lady I'm working with just lost one of her rentals in a fire. She decided not to fix the home and just take the insurance money to pay off her note. She asked if I would like to buy her lot with the fire damaged hom...
John Thein
How much profit in a deal? [Edit]
Hello,
I was trying to come up with a clever headline....oh well. Anyway, I have a possible wholesale deal that appraised for $148k, needs $18k in work. Most rehabbers in my area would be happy with a $20k profit. If ...
Sophia Wang
Business Structures for land development and new home construction
Do you use different business entities to buy/subdivide the land parcel and build new homes on the subdivided lots?
Mark Braun
Wholesaling: How to Avoid Short Sale
I'd like ask if anyone knows the best way to avoid a short sale in wholesaling. It would seem that most deals would gen up a short sale situation. Example: If my MAO is $54K (after ARV calc and rehab and assign fee) o...
Eldon Gabriel
Generating Vacant Land Cash Buyers Leads List in Northern States
Hi, I am a land investor who been in business for 7 months and predominately focused in the northern states and I found that the strategies of using Google Ads, FB marketplace, Craigslist, neighbor letters, and workin...
Bo A Vanecko
Purchase a STR with 100's reviews. Will they transfer?
We scored a deal on a STR that has had 100s of reviews. I am curious will we be starting from scratch with reviews after the sale or is there a way on Airbnb/VRBO for the reviews to transfer? seems like since its th...
Carter Knapp
Capital gains from dividing vacant land
I purchased 26 acres of vacant hunting/forest land in northern WI 6 months ago. The property is divided into a 6 acre parcel and a 20 acre parcel, and I plan to sell the 6 acre parcel first. Lets say I purchased the e...
Whitney Breedlove
1031 Exchange question - Is this allowed?
I'm trying to figure out how to interpret the 1031 exchange rule that the new property being purchase has to have at least the same value as the property being sold. Is this based off of the price you paid for the ori...
Chris Dee
Selling parents rentals before death and keep the step-up basis of inheritance
Hi Guys,It's my first time posting here. So, please be kind :) I am a buyer. I know a family with considerable real estate holdings who really want to offload the properties. However, the parents are still alive (bu...
Chris L.
Commercial Appraisal for off market sale
I'm interested in purchasing a property to use for my own business as well as have an additional tenant to offset an SBA loan. I'm interested in a local building and a potential off market sale. The owners have some i...