I am a wholesaler in LA County and got 2 leads in my pipeline and need some guidance on one of them.ARV 180KRepairs 30KAssignment Fee 15KMAO PP 81KThe property was owned by join tenants (biological father and step-mot...

Hello everyone, I have two questions!1) Has anyone used Property Radar? It seems to be a great lead generation tool to send out direct mail, I've used list source to create my leads but okay return. But on the other h...

Hello BP'ers !I'm currently under contract on my first investment property and will close on January 12th 2024. I live in Virginia in the Hampton roads area but have went under contract on a 6/2 2700 sq ft house in El...

Hello,Has anyone worked with Grocapitus and were their proformas accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble.Thanks in advance,Ryan

When the offer was made, the lender ordered an appraisal. The lender countered with a net of 85% of the appraised value. I made 3 counter offers but, they wouldn't budge from the 85% net.

In order to postpone the f...

Does anyone have knowledge or experience with this? is one way to handle it to w/d 1/10 per year...?...if 1 cannot predict one's income and tax brackets? and when one pulls it out, then best tp put in roth ira? or sel...

I'm brand new to investing, so I'd like some feedback on my ideas of getting started. I'm 53. I've been teaching abroad for 20 years. I keep hearing and reading about how important it is to keep one's big-picture goal...

I'm getting conflicting information from Auction.com about the status of a contract I submitted after winning an REO auction.  About two weeks ago, I saw a desirable property marketed through auction.com, and after my...

Real estate investors are constantly seeking strategies to maximize returns and defer capital gains taxes. The 1031 exchange, a provision in the U.S. tax code, has emerged as a powerful tool for achieving both objecti...

Purchase Price = $126,500
Sell Price = $185,000

Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).

Owned for 25 months
I was told an Excise tax in the area of $3500.

Ca...