Austin Fruechting
My Best Deal and Biggest Failure
The best, and worst, I’ve done (with numbers)You make your money when you buy. It’s an old saying in real estate, and I’ve always “known” it to be true… but now I REALLY know.This is the story of both the best overall...
Blake Martin
House Hacking... In College?
Hello and thank you for your time. I am planning to transfer to Cookeville TN to attend Tennessee Tech university for my last 2 years in college and felt this might be a great opportunity to get my first rental invest...
Austin Hanse
Turning Basement into Rental Unit
Does anyone have experience with turning a basement into a rental unit? What are the challenges/obstacles in doing so?My current situation is that I have a seller who countered me and the price they are asking would m...
Robert Trazo
First time approached as a hard money lender - Washington state
Good afternoon all, I got approached for the first time to be a hard money lender on a deal in the state of Washington. I've never done this, before. I would appreciate any advice you may have on making this happen w...
Dave Engelberg
Capital Gains - Closing After Moving
Hey everyone! I have a question about avoiding capital gains taxI bought my current home in New York on April 10, 2017. However, I did not move into the home until May 31, 2017. I then lived there until now. My spouse...
Isaac Tabor
Deal Analysis for Apartment in Ireland
Hi guys!This is my first post on the forum. Ive been listening to the podcasts and reading the books and articles for almost a year now so Im definitely ready to take the jump. My situation is probably a little differ...
Jay Thomas
My First Flip. How to complete this deal.
Hello fellow investing, I am currently in the process of buy a property for flip. I have enough cash on hand to buy and close the property. I prefer to do cash closing as it allows me to close faster and save $$$ on...
Kathleen Petty
Need help with financing
I have help with the 10% and closing costs. I need someone to come in with the other 90%. The total deal is $645k.Here is the deal:Here's the deal:I have 2 houses/properties I want to buy:Here's the idea--These proper...
Cary Trusty
Capital Gains Tax - 'Use' test exemptions
I'm looking for some feedback to get an idea on how much I'll need to put back for taxes on capital gains from the sell of my first home.
Scenario:
I purchased my home March 15th, 2013. I moved in the w...
Lance Queen
I ran out of money on my flip
Hey everyone I’m working on a house flip and ran short of money. I paid cash for the house (approximately $15,000) and then took out a loan from my bank for $20,000. The ARV is $75,000. We ran into some unforeseen t...