Barbra Thebenyane
Building Materials, how many quotes?
When seeking materials for your remodel or flip, how many different companies do you pull quotes from before you feel you are ready to make a decision?
Bret Schilling
Cant find owner of vacant house
I am a first time home buyer and there is a vacant home in my neighborhood i am interested in. However, i cannot seem to find who the owner is. I tracked down land records and deeds and still have gotten nowhere. This...
Nat Serrano
Capital gains tax if unemployed
hi all, I've read a lot of capital gains but still I don't get answer.I bought a house in 2016 for 200k, lived for a a few months, then moved and used it as rental property.In 2022 I refinanced because of the low rate...
Sharad M.
How much would you pay for this building?
Hello all,
OK so it's a 8 unit building with 6 3br units and one 2 bd and 1 bd each. The rent is as follows:
Six 3 brds - $825/each (tenant pay their own utilities)
2 bd - $650 (tenant pay the utilities)
1 bd - $700...
Steve Franco
Investing in Parking Spaces
Hey All,I'm in Chicago and my girlfriend owns a condo in Bucktown. Recently saw someone selling a deeded parking spot because they dont use it. I had a thought to start buying parking spaces at condo buildings. In o...
Alex Shaughnessy
flipping w/ a partner
It is my understanding flipping houses is taxed at ordinary income. If the house is held for one year then it is taxed lower. Is this true, and if so, would it make sense for my partner and I to flip the property, ren...
Kevin K.
Back Taxes / Mortgage issues
I'm looking to schedule a viewing of a house that appears to be a pretty good deal. Asking 57,600 on it, 1700 sq ft, in an area that has similar houses going for 240k and up. Since I'm new to this industry, and being...
Dennis DaPrile
Flip in an Over 55 Community
Investment Info:
Single-family residence fix & flip investment in Manchester.
Purchase price: $27,500
Cash invested: $75,000
Sale price: $154,000
We bought this 1200 sq ft home in an over 55 ...
Terry Royce
Developing a Niche Wholesaling market
I have been thinking about trying to develop a niche wholesale marketing strategy to angle towards Hispanic homeowners in Baltimore City. One of my close friends is very fluent in Spanish and has a few ties to residen...
Rich Vogel
Experienced Landlord needs help in how to close this deal quick!!
Hi All, So this is my situation. I got an amazing deal on a 3 unit that can actually legally be turned into a 4 unit Purchase price 137k and it needs about 40k in work. Home run. We were two weeks away from closing an...