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I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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You’ve invested in your first or most recent piece of real estate - congratulations! After the stabilization period that comes with the transfer of ownership of real estate, and starting to execute your business plan,...
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Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
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Hey all,
i ve gotten a boatload of great information here on this board regarding real estate. Now I dont know where to turn to short of visiting my CPA. which is going to be costly. what im looking for is folks with...
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I would like to know the experience of other people with Hughes Private Capital. In recent days I have been contacted by several investors and lawyers who claim to have a problem with Hughes Private Capital.
We do no...
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I'd like to pose a question to the group that's been on my mind. I'm probably getting ahead of myself. Part of my plan is to do something like Brandon did and purchase a rental property that will help fund my kids' co...
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I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...
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Hi there,
I am new to investing but my question is regarding my father and his house. He is thinking about refinancing his home.
My father is 62 yrs old and thinking about working 5-8 more years. He has about $300k in...
There are many people looking to get started in real estate. The challenge is that many of those who have a ton of ambition, unfortunately do not have the resources to get started. These people are willing and ready t...