Todd Dexheimer
Mobile Home flip - out of State
I have done well north of 100 flips (buy, rehab and sell). Some have been real home runs and others not so much, but this recent deal takes the cake! My oldest brother has dabbled in REI for years and has talked to me...
Michael Vaughn
Purchasing a note with no payments
Hello fellow BP investors. I have gotten a lead to a deal that is basically buying a note that was just created a month ago, buyer gave down payment of 25,000 on a house sold at 75,000, and the seller is now trying t...
Robert Polanco
Help me analyze this deal
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Eric P.
Rental Real Estate Loss Allowance making over $150k...
Can someone better help me understand how the Rental REal Estate Loss Allowance works? I was surprised to find out I'm going to owe $3,800 in taxes this year. I have just over $17,000 in losses from our rental prope...
Gio Fuentes
Experienced Investors give me your opinions on this deal
I am a newbie looking for experienced investor’s opinion.The deal:4/2 Duplex in C neighborhood built in 1985Current rents 975/unitMarket Rate: 1200-1300/unitPrice: 300k (-25% down = 225k financed)Repairs/rehab: 15kI’m...
Marty Hyland
How Many Partners is Too Many
I'm preparing for my first flip in Q1 next year. I work in new home sales so I have a finger on the pulse of the market here in Houston. I'll be using agents that I trust to help pick the right property. I'm weighing ...
Matthew Malen
New to real estate in Austin, TX
Hi BiggerPockets,I am in the Austin area and interested in getting into the flipping scene here. I have been a fan of the BiggerPockets podcast for a while now and look forward to exploring all the resources here on t...
Sammie Xiao
Invest in Vegas Condo-tel a good idea?
I am looking at a condo-hotel investment opportunity in Las Vegas. A condo also is part of a famous hotel in Vegas sold for over 400k in 2005, now it’s only 200k. It has been involved in the hotel rental program. ( i...
Account Closed
quickly outbid - end of the game for "cash only" auction.com?
On auction.com, a good property I was looking at has been racking up the bids-- jumped from an initial asking of 40k to like 140k and still 1 more day left to bid. My original hope had been to use my cash to buy i...
Hector Perez
How to wholesale a property from a wholesaler?
Good morning BP.
I recently got aproach from a wholesaler to buy a property from an area that I am not interested in doing a rehab, but the price seems fair and I may have some buyers that may be interested i...