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We have the opportunity to purchase a five plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new w...
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Does anybody have any experience or views on making money in Commercial RE wholesaling in S.Cal.
Thanks
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Hi,Wanted to introduce myself on the forums. I recently joined the BP forums after listening to the podcasts for a while. I started in real estate last year as the founder and managing member of Nickel City Ventures, ...
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Hey everyone just bought a property in kennesaw GA. Plan is to rent rooms while house hacking and move my self out eventually while renting out. Was seeing if there is any meet ups around Atlanta area or other people ...
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How do I avoid taxes if I use my own funds for the rehab costs and downpayment?Other than a 1031...ExampleIf I put down 20k (20% of 100k purchase price) and put another 20k into the rehab and sell it for 150k, I would...
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There is a property I just missed after a recent price drop. It finally went under contract but the house is now on auction.com. I know they have a committed buyer at the last listed price.
I have read here...
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tomorrow i filling my first step to evict a tenant from hell. if you guys see my last post you will understand where i am. learned my lesson! thank you all for the advice! i will update this blog as it goes.currently ...
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Looking to learn as much as I can from successful investors and newbies as well. I've been on BiggerPockets for a few months now, reading as much as I can, listening to every podcast, and trying (unsuccessfully thus f...
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Ok, as a beginning wholesaler getting my ducks in a row, would it behoove me to get an LLC first before I start doing business or would it be fine to do some deals first and get an LLC eventually?
Pros/cons?
Thanks ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $81,245
Cash invested: $30,000
Sale price: $225,000
Purchased property with bed bugs, cockroaches, rats ...