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Hello everyone, I have a question regarding taxes on a flip as I am prepping the books. My partners and I purchased a property late 2023 and finished the renovation and sold the property in March of 2024. After all ex...
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Hi, I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal? 5-10%, 10-15%, 15-20%, more than 20%.Thanks.
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Hello BP!Here's a quick post just to say that I'm feeling discouraged. This is probably very common, which is why I want to hear from you! Let me know if/when you feel discouraged, how do you push through?This past ye...
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I've currently got 7 single family homes 3 are rent to own the others just normal rentals.I started 3 years ago, I'm making slow progress, Ideally I want to be a business owner with a system that keeps me from working...
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I HAVE A HARD CHOICE TO MAKE,MOTHER IN LAW 'S HOME IS A REVERSE MORTGAGE HOME,BUT IN FORECLOSURE PROCESS FOR INSURANCE LAPSE AND UNPAID TAXES. ABOUT 8 THOUSAND OUT OF POCKET TO BRING CURRENT. MY QUESTION IS THERE IS A...
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Hey I'm new to the markets in Oklahoma and was wondering if anyone had experience investing in Shawnee, OK or Ardmore, OK. I played football at the university of Oklahoma and like the idea of smaller towns in the area...
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In business strategy, one of the first and most important activities is to define your perfect (target) customer and gather as much understanding as possible about what that customer values. With a target customer se...
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Hello Bigger Pockets family!I am a young investor from Nashville area Tennessee and I am pursuing a few deals in the Jacksonville, Florida market in the multi-family segment. I have a few deals available to me and I a...
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Hello guys, would like to get an idea of what some of you would do in my situation. From 85k of students loans me and my wife have brought it down to 30,000 in less than 2 years . For now on will be putting about 2500...
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what forms do you have your contractor sign before starting a flip? What do you usually have in place before you commence the project?