Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...
Hi all.
I have been a somewhat successful stock trader for the last 13 weeks. I have been getting a little sick and tired of trading. I would like to get more into the real estate game.
Here's the strategy I was t...
These two deals are located in Clarksville, TN and I'm having trouble deciding which deal I should opt for (If my offer is accepted of course).FIRST DEAL: Duplex (2/1 each side) Asking price - $77,500 in a D or C nei...
I have asked this before and many said to only buy areas in areas I know. Perhaps I am crazy, but I feel like I can get gather enough information about an area from the internet and feel comfortable investing in stat...
I started to look for SFRs but kept getting outbid, then went to condos thinking they are less popular but I still keep getting outbid. The prices just don't make sense, so I'm looking for other options.
I'm thinkin...
Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...
Need some advice on Business Basics since I have never owned a Business or ever created one until now and I am not sure if I am just over thinking this but I want to do this right for my family’s sake. I have a Busin...
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
I'm curious to know how other people handle their receipts with their CPA. This past season was the first time we claimed our first rental property on our taxes. We only had a few receipts to turn in to our CPA, so i ...