Hi all,A realtor/investor reached out looking for $12k to help fund a deal and promised a net return of $24k to be paid 60 days after the property has been rehabbed and listed for sale. We have since defined the listi...
I've got to vent a bit here . . .
I just checked my voicemail a few minutes ago to hear that several of the Central A/C units in one of my properties were stolen! :shoot: This building is out of state and I do hav...
My husband and I, both newbie investors, are about to purchase our first SFR and are approved for the max amount of FHA financing allowed in our state (FL $315K). Our plan is to house-hack by renting out 2 of the 3 be...
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Do you feel its worth getting a real estate license for flipping houses? We have flipped and sold 2 houses as “for sale by owner” that worked out for us, but may have taken a little more time than if we had an agent a...
Hey BiggerPockets, Looking for some insight on who has invested out of state on properties that are run by a solid property management company? I’m looking at several different areas around the country to get my best ...
My brother is interested in joining me on a real estate deal but I have a couple questions for the community on the best way to go about structuring the deal.
My brother will be funding roughly 40% of the rehab cost...
Hello BP! I'm looking to get into multi-families (2-4 units) and would love to use the BRRRR (Buy Rehab Rent Refinance Repeat) method in order to finance future acquisitions. I'm looking into the Milwaukee, WI, Clevel...
I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
My uncle is getting up in age and is wanting to sell some of his properties that range from SFH's to duplexes and a few triplexes in Rochester, NY. I'm trying to figure out the best way I can finance this first proper...