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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
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if you own multiple rentals, and you buy them with traditional financing, this question is for you.
i purchase my houses in my name b/c the lender will not loan to a company. i was then quit claiming the houses into...
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The company that I work for has been investing in Multi-Family for several years. Track Record is a few thousand units. As we look to grow faster and scale we are now starting to consider letting outside investors co...
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I have paid for mold remediation multiple times in a house I am renting in Texas.I have another rental in Arkansas love the house never have many issues with the house. I think either my tenant was a concerned parent...
Advice appriciated here. i currently own 11 properties, all rented and going well. I currently only have 6 mortgaes on these 11 properties (paid cash for several) just trying to add more. I recently sold one of my bus...
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Hi all,
I am a rookie investor. I do operate a business outside of real estate in California that gave me the opportunity to hire a builder and build a duplex in Florida 20 minutes away from the beach. The property ...
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I loved his podcast. I bought his 10x audio book and just started listening to his Cardone Zone podcasts.
Wow. His real estate advice is....almost horrible. If he really analyzes deals this way then he HAS to put 25...
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This is a super newbie question, but I just don't know the answer for sure....
On bank-owned properties, is there anyway to negotiate a purchase "earlier in the pipeline"? That is, before they receive BPOs, fix-ups, ...
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So I purchase value add small multifamily and convert them to STR/MTR.My plan was to purchase them, repair the units, furnish all or most units, MTR/STR the units, cash flow like crazy, and then sell when I'm ready to...