Geoff Bishop
Gross Operating Income and Collection / Damages
Should expenses related to Collection and Damages (caused by a tenant on his way out of a property, above and beyond any security deposit) be subtracted from Gross Operating Income? Or should they be added to Operati...
Ruth Ankle
Need Hard Money Lenders
Can I have some reviews on Hard money Lenders in the Fort Lauderdale/ Hollywood Florida area: people you have used and are reputableThankRuth
Corey Woodman
First Wholesale Deal Zero down , $9,900 Profit
Investment Info:
Single-family residence wholesale investment in Boyertown.
Purchase price: $100,000
Cash invested: $10
Sale price: $110,000
This was my very first deal. A traditional wholesale d...
Lamar Johnson
Chicago Great Flip Deals
Hello my name is Lamar Johnson, We have buyers who are looking to place properties under contract. Please share your thoughts about how best to get funding for 4-9 deals with net profits north of 45k per deal. These...
Allen Chaney
quick deed tax question
If I buy a house for flip in my name, then quick deed it to my llc before I sell it (the llc is still being filed with the state atm), can I count the purchase cost as an expense for the llc so that my net profit does...
Jeffrey Ascough
Our first flip! Step 1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $63,000
Cash invested: $33,231
Sale price: $125,000
1br/1ba adult community.
What made you interested...
Brandon Benitz
How To Figure Property Value
Ken McElroy's, and others, formula for figuring property value is Net Operating Income / Capitalization Rate = Property Value. But since Cap Rate is based off of value, I keep getting a circular formula where the val...
Sachin H.
Rental investments in Maricopa City
Hello GuysI'm new to this site and although I already own a property in CA where I currently live, but I'm first time investor and looking to buy a property in Maricopa AZ. The property I'm looking for is around 150k...
Christian O' Reilly
Can I produce $2-3k passive income buying Multifamily with $130k
Long time listener to the podcasts, first time asking - I've $130k cash to invest.. I've flipped homes for 4 yrs now and manage private and rental properties as my full time job. I'm looking at investing out of state ...
Anthony Conte
Form Real Estate LLC without Changing Title
With the new tax law, investors can have have the 1st 20% of Net Income deducted from taxes. Essentially 20% tax free income.
To get this 20% tax free income, the income needs to come from a pass through entity such...