Hey all, I have 2 stupid q's:1) I need to put aside $ from a flip we recently sold for capital gains. I am calculating 20% from the net profit (we are in CO)... including AFTER holding costs and reimbursing our own $...
Hello BiggerPockets!I am new to real estate investing. I'm only 22 years old and currently pursuing a Master's degree, but I've always wanted to invest in real estate for the past 2 years. I always find myself back on...
Tax season is approaching!
I am a buy and hold investor in the DC area. Currently my properties each have their own LLC, and the taxes reflect the same. However, I know that down the road I would like to break into co...
Hi all,
My first post did not go into much detail about the business financials. Based on the questions received, we pressed sellers on specifics and now have greater clarity on the overall health of the business. He...
Hi Everyone,I have done some mobile home deals in parks, but none on private land yet. I had someone contact me with 2 different doublewides on private land.The first is a doublewide, apparently no work needed, on 1.5...
Let me preface this post by stating I am the type of person that will negotiate at McDonalds. I have no issues asking to see if I can get a better deal or save a buck. I'm pro negotiation. That said, I have been both ...
I'm looking for recommendations on landlord software for me to track my expenses, repairs, bank account, etc.I do not have an extensive portfolio so it doesn't need to be an extensive commercial grade software suite. ...
Greetings Fellow Investors, I am interested in putting this house under contract but I need help with estimating the rehab cost. The owner of the house passed away and left it to a relative. The owner was a hoarder. A...
I am planning to do some flipping projects in the South Bay. My target purchase price is under $1.7M and prefer cosmetic fix to start with. Looking to connect with investor friendly agent who can work together.
Hello,
I am a new investor wholesaler and I have a question regarding direct mail. From what I have researched, it seems that we need to direct mail 5-6 times (yellow letters, postcards, etc) to a set of leads on a l...