Account Closed
LA Flippers: What is your expected return of interest per deal?
Good afternoon everyone,I would like to know on average, what is your expected ROI for a Fix and Flip in the Los Angeles County?I know every city is different, and it depends on the project... But in average, what num...
Anthony Rega
Seller Financing Tax Question
If a seller, who files taxes as "married filing jointly" and has owned their primary residence for over 2 years without any outstanding mortgage, wishes to sell their property for $750,000 and agrees to finance a seco...
Jay Dacam
which comes first, financing or the investment?
I just started investing in R/E on my own, I have almost no capital to work with so far, but I am networking a lot and depending on "OPM"
I have been talking to so many people, that I already have a couple of leads ...
Benn Albrecht
203k Loan Good or Bad ?
I currently signed contracts yesterday for a 2 Bedroom, 1 Bath, 800sqft home on .35 of an acre with a detached 1 car garage. My HUD home inspector is scheduled to meet me and my realtor at the property next week. I al...
Andrew Almenar
Existing Tenant Questions
Hi All,First time poster here. I am currently in the market for another rental property and I have extensive experience dealing with tenants that I have signed to lease agreements. However, during my current propert...
Jim Ying
Should I refi to a 15 or 20yr?
I have a condo in Seattle that used to be my primary residence in a location close to Amazon HQ. I've moved to the 'burbs and have been renting it out for the last 10 years. Here are the key stats:
$550k Zestimate (a...
Harpreet Walia
Successful Rental properties?
Hello All, What do we consider a successful "buy and hold" rental property. As I was reading, I keep asking these questions to myself1) Is it as easy as buying a property which is easy to be put up on rent and gives o...
Nick Rutkowski
Better to own the Business or Real Estate?
Curious to hear what everyone thinks. If you had to choose between owning a business and renting the space vs. owning the building and renting to the business, which would you choose?
Jacob Michaels
Buying seller finance deal and tax implications for inheritance
Hello all,
I'm talking with a seller who is fairly motivated as she is quite elderly (even has a great great grandson). She owns a few properties, each worth about $100,000 and is thinking of selling them. Sh...
Randy Bayo
Found my first flip - good deal?
Hi guys! New to the forum. It looks like I found my first new flip located in Sacramento, CA. The house is a complete rehab. Total gut job. They’re asking $199k. ARV is $303k. Ran comps, house could sell for $310k. L...