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Hi there - I love the bigger pockets podcasts so figured I should join here, right?!I've done a few live in flips in LA and just closed yesterday on my first spec flip and netted around 500k profit! Looking to expand ...
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I am new this RE investing and so I have a question about private lending. I know someone that flip houses in southern CA. They just been told that a property they bided on & lost out on, fell out of escrow. B...
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I just closed on a two family that I purchased for 50% of market value or 50 cents on a dollar if you prefer.
The property is a prime rehab candidate, was owned by an out of the area investor who didn't manage it a...
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I bought a foreclosure to initially do a BRRR strategy but a lot more has been wrong with the house than expected and went way over budget. Now once refinanced rent will not cover mortgage. I’m looking long term but w...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $185,000
Cash invested: $40,000
Sale price: $249,900
Quick & simple project for a family member that was lo...
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Hi,Which formula do you typically use to calculate the maximum allowable offer? I've seen there's 70% of the ARV minus the rehab costs, and I've also seen ARV minus the rehab cost, fixed costs, and desired profit. Whi...
The legalization of cannabis in various states has created a niche in the real estate industry where the value of properly zoned lands and properties have been increasing at an astounding rate. For investors and entre...
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has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
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HI All, I am curious where you are finding your best deals right now. I am in the Richmond, Va, and surrounding counties area, and even the foreclosures are priced at near full market value and still need pretty compl...
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Hi all,What do you do after you finish rehab on a property that you intend on selling? I see a few options and want to hear what you do and whether you have any other good options. The point I want is to reduce taxes,...