Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
I just bought my first investment property and the home came fully furnished. I ended up selling and getting rid of quite a few things, but theres still enough items in the home to consider it furnished. What is every...
I recently heard something that brought an idea I was thinking about to the surface. I heard that (in general) it is bad to look for buy & hold properties in neighborhoods that are hot "fix and flip" neighborhoods...
Good morning,
I'm doing some research where I want to determine what investors believe constitutes a "good deal". Do investors consider ROI as a deciding factor when analyzing deals? If so, what is an acceptable ROI?
Hi all and thanks in advance for any advice or helpI am currently in the South Florida market. I have a property in a (pre-Covid) great STR area in Fort Lauderdale/Broward County. The property is a duplex but is acts ...
I was wondering what everyone thinks a houseing bubble is.No wrong answer. My idea is that areas that the average home is $250,000 will feel the effects of interest rates going higher I don't think it will drop nearly...
In the process of renting my first BRRR property in a nicer neighborhood in Philly. Rent is $2K+, and so far have gotten decent responses, but still working on finding the right renter.Someone emailed today asking if...
My wife and I have a Town Home that was a primary residence that we decided to rent out last year. We purchased the property in September 2017 for $123k with 20% down and Realtor estimates its current value at $146.5k...
I have a 4 unit that was listed for 142,500 and we agreed on 133,000. Inspection came in and we agreed to him fixing the small things. The town inspection came back and said you need to fix the big things and it's abo...
Hi everyone - my husband and I are Denver based and are purchasing an investment property in the Tampa area with our friend. Our friend will be living in the house as his primary residence and we are splitting all cos...