Tyler Faubion
6 Plex Fort Worth, TX - Community Feedback
First time poster, long time BP lurker:6 Plex in the best submarket/best school district in the city.-In place rents of $4,515 - .67cents /psf-Stabilized rents $6,800 - $1.02 / psf - (this is conservative)-Long time o...
Davon Lowery
Flip caculation analysis (running the number) Atlanta
Working on a flx and flip in Atlanta, still need another quote from a contractor, we need a bid closer to $40k but, this is what I have so far. The prospect property is a 3/1 SFR in Decatur 1k SF looking to add an add...
Christopher Oliver
capital gain tax
How many investors have gotten hit with capital gain tax. And do you get thatt charge done when you sell and include that number when finding out how much flipping would cost you?
Jordan Amarant
To Sell or To Hold, What would a seasoned pro do?
Bigger Pockets has become a top resouce for my novice RE investing career and the amount of knowledge in one place is awesome! Which is exactly my reason for this post.
I recently completed renovations on a distressed...
Nic Jones
Need a REI forms or ATTORNEY for MD, DC, VA deals
Hi everyone!I live in the DC Metro (Maryland, DC, VA) area and need an attorney referral to draft forms (letter or intent, purchase contract, subject to contract, lease purchase, etc) or if someone could tell me where...
Bob Houston
Newbie and the NAYSAYERS
Good morning BP associates. I am poised and ready to go. I am interested in fix and flip. I am in a good financial position and have construction experience and have been studying for the last year. I am in the Dallas...
Jean Paul Valley
How did you finance your first development/build?
I am new to the field of development and am wondering how the more experienced BPers got the financing for their first deals? Did most of you have large down payments of your own available to get financing approved? o...
Account Closed
double closing question?
from what I understand in a double closing there are 2 sets of closing costs. while the transactional funding I am using will cover the first set of closing costs I don't think it will cover the second set of closing ...
Scott Schachterle
Tax reporting on first flip; private investor; income v. cap gain
I just sold my first fix and flip in December 2016. I had a private money investor on the deal (my dad). I'm trying to figure out how to report this on my tax return, and how he should report it as well.I owned it fo...
Olivia Story
hard money lending
I'm new to investing and hopping to start my first purchase this summer. My question has to do with hard money lenders. My initial thought is this would be a great option for me. However I'm not sure where to ...