Hey everyone,
For those in the real estate game, how do you track your property expenses, labor, and other details during the renovation process, especially when managing multiple properties simultaneously (e.g., 3-5...
We are looking to purchase our first single family house to rent out. The house we want to make an offer on is ready to rent, but in scouting the neighborhood I noticed that there are multiple houses for rent already ...
Good evening everyone, my name is Trish and I hope you all are doing well in your current endeavors. I've been a member on the site for a few months but I have been a bit of a wallflower; spending most of my time here...
I'm sure y'all already knew that!
Im about 3 weeks into my wholesaling journey with no leads and im just trying to figure out the best way to use my limited capital. So far I've been targeting a list of 700 High equity, absentee owners. I've sent them...
Hi, I have a CA investment property that is breaking even, but has appreciated well. I would like to "sell high" within next few months and use the equity to purchase multiple out of state cash-flowing properties. C...
Hi everyone, I was looking into starting an LLC for the purpose of flipping properties. This LLC would be with 3 different members all who would be putting in different amounts for each flip. My question is, what is t...
Hello, I'm trying to plan for repairs and vacancies for an upcoming purchase. However, it occurred to me that once you reach a certain number of properties then the standard amounts don't apply. ( 3-10% vacancy, 5-15%...
I am under contract on a short sale with Chase and have a very tight deadline for settlement mandated by the bank. My title insurance company did a search and came up with 6 open liens on the property, all but two I ...
I am working with a contractor on my first flip property. Should I issue my contractor a 1099 for each draw he receives or should I issue a single 1099 at the end of the project? thanks for responding.