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Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Real estate agent? Accountant? Grocery store manager? Pizza delivery guy?Just out of curiosity, what was your job before you decided (or were able) to live off your investments? Doesn't matter how high/low paying or u...
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So I've done residential real estate deals and seen some success. I work in construction, have done a lot of my own work and am a Civil Engineer by trade. In my hunt for another rental deal I stumbled upon an old ware...
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I’m looking for my first deal. Conventional lender who pre-approved me is a REI himself said 25% down payment on an investment property is standard. And they won’t do a loan under $75k (since closing costs would be ov...
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I purchased a house at Auction.com last Sept. I put over $10,000 into fixing it up. It has been for sale since Dec. My realtor is my sister-in-law and she has set up about 10 open houses since Dec. We have had sev...
Hello BP community!I figured I would introduce myself and possibly connect with other Real Estate Investors in the RI area. I am currently under contract on my first 4 unit rental property in West Warwick that I will ...
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Hello. BP community, I'm new to this and RE investing in general and looking to start out with tax liens. While I understand the basic principles, processes, and benefits and have done some research, I'm really intere...
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Ended the year with a 56 unit close yesterday. Super hustle to get it closed by end of year or else some penalties (even though we weren't the ones dragging our feet) heh.Closed 88 units this year. 20 of which were SF...
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I am bidding on a 2 bedroom Single Family Home to make into a rental. With finished basement it would be a 3 bedroom 2 bath.It's in a small town and comps are usualyl around $90k - $150k although hard to say for sure...
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I really want to provide my seller with some options to reduce the taxes they'll pay if they sell me their property. By helping them solve their problems, perhaps I am their first choice for the sale. Here's a quick s...