I’m new to this site and loving it so far, great for information and I’ve learned so much! My dream has always been to be in real estate, and to eventually own multiple LTR & STR. With that being said, there seems...
I just want too know should I use one llc to flip property’s or should I continually make new ones with every flip? If you can please elaborate your opinion on both perspectives thanks in advance I appreciate it!
Hi guys! So, I am new to the real estate business. I was getting excited about the whole fix and flip aspect but with taxes and confusion of it I'm not sure I am ready without a little advice. I will be meeting with m...
In 2019, I'll fix & flip 3 properties with a total of $250K+ of profit. I just set up a Self Directed IRA but it only has $24K in it. Can I invest just $24K from the IRA and then dump all $250K of profits back i...
Hi all,My name is Brian and I've been lurking around on these forums for about a week. I'm currently 25 years old and am making about ~130k in my day job. I'm located in New England. I guess my question to you all tha...
Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place f...
What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
Hi everyone!I'm Shai and I'm currently live outside of the US. We have a plan to relocate and Florida seems like a great investment opportunity with great warm weather.I am already investing in Pittsburgh PA so we wil...
Do most people who flip homes have a full time 9-5 job. By looking at the tv show it seem like most of the successfull flips have owners who spend a lot of time in the house making sure everything is going as it shou...
Hey guys, I'm getting ready to close (selling) my first flip in Dec. I'd like to roll the profits into the next one, but I've read that you can't roll flip profits to a 1031 exchange. Is that correct, if so, is there ...