Cass Lowrie
What's the best way to tax shelter $250K in flip profits?
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...
Jazz Jacobs
Paying a RE Attorney
Hello all,After doing some research about real estate, I learned how important it is to have a real estate attorney. However, my question is are RE attorneys paid for the transaction of deals only ? or are they hired...
Henley H.
How much pay for a BPO?
I'm looking at a pocket listing to potentially purchase and flip. I have my own idea of what I think the the value of the property would be post improvements, but would like to consult with a local realtor for a seco...
Alvin Frierson
RE: Purchase contracts
Hello everyone,I am completely new to real estate investing and have a question regarding the execution of a purchase and sale agreement. Can anyone share with me how the process of getting a house under contract and ...
Shawn Connors
Wholesaling a house listed with a realtor
hey BP,I got a lead from my marketing campaign today. The house is owned free and clear and has been listed for 2 years!!!! It's listed for 99k but the owner said she would do 75k. Some quick come analysis shows the ...
Pamela Holmes
Deal or No Deal
There is a 3/1 1000 sq ft. all brick home near a transportation hub for sale for $55k built in 1958House Value is $35kOwner is willing to owner finance with terms: 5k down, $400/monthThis property is appealing to me b...
Lyndsey Whiteaker
Flipping my first home
Extremely new into flipping. I have finally secured a career ( insurance agency owner) that will allow me to have some free cash to throw into the market in St.louis. My goal is to flip a bunch of properties to get en...
Derick Whitley
This could be my first deal, help needed!
hello all,I have been reading a lot and am very interested in creating wealth in real estate. I was trying to move my family this year but couldn't due to my financial situation. I current own a home and would like t...
Mel F.
Very Creative Strategy Needed -- Pre-Foreclosure lead
Today I was presented with a homeowner who is $13900 in arrears and is willing to go into Bankruptcy rather than sell his house. He raised his family there and built it with his own hands. I understand his pain but st...
Mike Miller
Capital gains with intention to rent?
Hello BP,So here is my situation:I bought a REO in January 2019 with the intention of renting it out for a little over a year and then selling it. Long story short, my tenants only lasted from February till June and t...