Hi All,I have a property in the Columbus, Georgia under a LLC. If I'm looking at $150K gross profit after the sale, how much of it will go to paying taxes?
Hi BP,I have a question about estimating future property taxes. I’m looking to invest in small multi family buy and holds. My area (Buffalo Ny) has had home prices skyrocket over the past few years, as many other area...
I have a few partners that have all been investing in single family and multifamily units. Some fix to rent and some immediately cash flowing.We have/have access to the capital but lack the experience to build new.On ...
Hi all - I am about to embark on my first (true) rental property. I went under contract on an as-is duplex in Gloucester City, NJ at what I feel is about 10-15% below market value with the intent to buy and hold, rent...
Okay so I have the basic wholesaling steps down.
1.Find a Property
2.Put it under contract using a PSA
3.Get it inspected
4.Get rehab estimate
5.Calculate the gross income (rent)
6.Calculate the PITI
7.Get the estim...
Hi Everyone,I've submitted an offer on an old house in Yuba City, CA that I intend on flipping if I end up buying the property. The seller countered my offer at what he says is the lowest he'll take. While his count...
Hi,
I need some advice on financing this deal.
I currently own 3 acres of land and a MH free and clear. I want to develop to remaining vacant land (i.e., clear, install well and sewage system, and utilities). Not ...
I am analyzing my first property to buy and would like to know how investors account for business expenses (CPA, accounting, legal, etc.) Should I account for these expenses from the reserves from each rental prop...
Hi, Everyone I've found a property that has a AVR value of $103,000-$140,300 and the original value of the home is $122,000, but they're asking for $83,900.Is this a good deal for me? Viewing the property tomorrow. A...
I am trying to do my second deal and having trouble pulling the trigger. I'm doing this with my brother, who is going to put up 60-80% of the upfront capital. I will/am doing all the leg work, research, deal finding, ...