So, my question is pretty simple: If you had the choice to continue working at your day-job with fixed salary OR quit your day-job to work and build your own firm as a sole proprietorship with more earning potential, ...
Hi everyone. Recently, my girlfriend and I went to a Clemson University football game in South Carolina. We absolutely fell in love with the city of Greenville in particular. Also, we met a number of people who recomm...
We seem very close finalizing a Seller Finance deal, but cannot get the seller to realize that he will no longer have financial or legal responsibilities of the property. It seems like the perfect situation. 65 y/o ma...
Hello everyone,Two things.1ST THING:I am currently looking to buy a STR in the north GA area, and I am the sweat equity investor. I have a meeting Monday to discuss with the capital investor how the deal will be struc...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $140,000
Cash invested: $60,000
Sale price: $226,000
1950's bungalow with contemporary renovation. Opened up t...
im completely new to this so i have no idea how to handle it. my grandmother is wanting to give me, we went to the tax office and they are saying there is no deed in her name. she bought this property in 1985 and on t...
I started STR last year (my first investment property) while working W-2 job. Is it true that I cannot claim loss from the rental property if my income is above 150k (married filing jointly)?
Investment Info:
Townhouse fix & flip investment.
Purchase price: $247,000
Cash invested: $100,000
Sale price: $485,000
Newly renovated townhome with a new beach access being done. The proper...
We're at the final steps at closing on a cottage, and an Issue I ran into is with the bank issued appraisal. The bank has deemed the appraisal as incomplete, and because of it started digging into the the pictures cur...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $10,000
Cash invested: $12,000
I bought this property wholesale from my property manager, who is also doing light r...