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Hi everyone my name is Nicki Shelton my husband and I are new to this site. We have been wanting some rental property's for a while now and we are just starting to get serious about investing. We have narrowed down wh...
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Hi AllI am a full time Realtor ( almost 8 years in) I have helped many clients find success but now it’s time to find my own. I would like to start flipping houses. The average wholesale deal I am seeing is about 200k...
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I'm considering going threw a hard money lender. Questions I have is should I go to the loan company first before looking for a house or should I find a house first and then contact the loan company? I know hard money...
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I was looking at the Freedom Mentor program (FMP) and Phil had mentioned something about assigning the property instead of purchasing it and having a crew do the renovations. I have found a GC that went bankrupt after...
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I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single famil...
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Ok y’all, I’m new-ish to the game and looking for some help on what to do with my first rental. I’m going to put in a ton of numbers, and I’m looking to answer the sell or hold question. Thanks for your help!! Propert...
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I am not sure if this is a continuation of my other thread "Keep being undercut in SS or Foreclosures" but I thought this may be a good topic to discuss and debate.
Personally, when I see a property of interest to me...
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I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
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HiI am currently looking at purchasing a 50-60k rental property. My first. I am looking for a loan for that property but it is a little bit of a "non-conforming" property and I also don't have the 20% down for a con...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,700
Cash invested: $85,000
Sale price: $250,000
This foreclosure sat neglected for nearly 6 years. In jus...