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I am closing this week on a property I bought a year ago for 50k started renovations well more my manual labor, but anyway I sold it for 103k. I was wondering how do I figure out what to send uncle sam for taxes. An...
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Can someone point me in the right direction (or refer me to an article) on how much I should expect to hold for capital gains tax for fix & flip deals?
I am in the process of forming my LLC right now, and will be...
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I've been weighing the pros and cons of rehabbing vs wholesaling for the past few months but would like to get some opinions from other people about what they have experienced. I'm a newbie to RE and would really lik...
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I am looking to fast track my wholesaling business experience by forming a Mastermind group, with all ranges of real estate professionals. I have been in the industry for about 60 days getting the business side of th...
Please give me your opinions.I'm working towards my first spec build. The first few are going to be hard to fund so my plan is to start small. I have purchased two vacant lots, one with cash for $19k and the other i...
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I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit...
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Hi:
I'm trying to get the input of BP rehab/sellers & and rehab/renters in the Dallas Fort Worth area on the average wholesale price they are actually paying for deals. Meaning the percent of ARV on actual deals...
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Okay guys I have never done a rehab a wholesale, or anything of the sort. Fortunately my father owns rental properties - both commercial and residential, my sister is a real estate agent, and I have been studying ...
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Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...
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Here is the entire report.......shows that 49,059 U.S. single family homes and condos were flipped in the first quarter of 2019, down 2 percent from the previous quarter and down 8 percent from a year ago to a three-y...