Mohamed Nagoor
Capital Gains question
I'm trying to better understand how CG works.example:I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to ...
Jimmy Ready
Deal Analysis Numbers
Hello! Running the numbers to a local property in my area Westchester, NY . I know this deal is not so good as the CACROI is very low but my main interest is if my numbers/formulas are correct. I've been scanning the ...
Ken Hicks
time it takes to rehab a property
I'm looking at a property that needs a COMPLETE rehab, and to top it off it's in a historical district which makes it extra hard. on average how long does it take to flip a property like this. I mean new shingles,plum...
Dale Osborn
Rental Property Additional Sources of Income
Have you thought about increasing your bottom line with additional sources of income at your rentals? Here are some we have seen:
1. Telephone Contracts: Tenants do not have a phone so you rent space for a pay phone...
Jordan Bateman
Buying a house (?), then owner financing
I've got a buyer that I'm helping to find a house that I will eventually buy and owner finance to him. What's the best way to go about this? I'm relatively new to owner financing.
Should I put the house under contrac...
Justin Campiotti
Should I cash out???
Hello BP,
I have an investing dilemma. I have only one investment property, a rental which I own outright, but I would like to expand my real estate portfolio . Does it make sense to pull money out with a 70%...
Chris C
Would you recommend becoming a agent?
Im sure this topic has been gone over a million times but i just finished my classes and wasnt sure if going and becoming a real estate agent would be good or not since im mostly just wanting to get into buying and re...
Peter Matthews
After a 7 year successful rei run and crash, need to regroup, and restart. Asking for advice.
My bus. partner and I are working on a restart of our rei business. Any advice appreciated. Btw, we know the mistakes we made, so no comments needed there... :)
> SCENARIO:
1. We built mostly SFHs from 00-07 ...
Rachel Damaral
Whats the next step advice?
I recently got approved for private funding. My partner and I are looking at an 8 unit in Jacksonville, Florida. We’re newbies and need some advice on the next steps to take. Contact the listing agent? Send an LOI? Wa...
Joshua Lidberg
Maximizing FHA loan profit.
Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...