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Hello All,After the most exciting year and a half of my life (25 Yrs Old Now) living and working abroad in SE Asia , I have acquired enough money to begin investing. My company takes good care of me and pays for all ...
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Looking for insight on how my sister and father should split the profits from their first flip:The way it's worked:Dad put up $100k of the $114k sales price (bought on Auction.com in a "cash only" transaction). Sister...
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Hello all,I'm under contract for a duplex in Chicago right now and I was wondering if I should put the property into an LLC at closing or hold it personally for a while. The plan is to refinance the property in the fu...
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I have ran into two properties today from a direct mail campaign in the Phoenixville and Boyertown areas. The first one is in Phoenixville. It is a Two unit with a 3br 1.5ba main house that is 1000sq. ft. that is p...
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Are people reluctant to buy sandy damaged homes that only had few feet water damage on first floor? There are quite a few great deals that are homes right on the jersey shore water (step out back onto huge decks with...
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What can be expected to happen in the real estate world with the first of the baby boomer generation being forced to draw on social security this year? and how can a real estate investor capitalize on this?Thank You,Ben
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I'm looking for advise on how to handle the water, garbage and gas bill for my single family rental. The town no longer switches them into the tenants name, so I am responsible for it.Do I send a bill to the tenant ea...
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I have 300k to invest , I’m interested in cash flow , and I was interested in the Connecticut/Upstate market , I’m looking to get a 6-10 unit building , can someone show me what they think a good deal in those areas w...
I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...
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What is the best and easiest way to collect rent. Dose anyone have a favorite app?