Will F.
How to pay less taxes? 1 silent funding-1 active proj manager
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
Simon Obas
List the steps to get my units rented ASAP!
Greetings. I am getting ready to purchase my second home and will be continuing my house hacking strategy. My current home came with the tenants and they have been stellar. I didn’t have to go looking for tenants. Bu...
Ryan F.
Investing into negative equity but below replacement cost
I'm looking to buy a cash flow SFH in the Atlanta area with 8% CAP rate and 10% CoC return. However, the appraised value is only 80% of purchase price ($100K) so I'll have to kick in $15K extra cash to close with a tr...
Paul Shinn
Selling my interest/rights in llc when wholesaling REO's
A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
Michael Raposo
Property management decisions
I have a completely vacant four family home that im purchasing. I already have a two family that ive always managed myself with little trouble but have been debating on getting a property management company for this b...
Tim Johnson
First deal at age 24: House-hack duplex
I did it! I set a goal in January to complete my first investment deal by June. I set a few important milestones to hit along the way... read the entire Book on Rental Property Investing to build my confidence... narr...
Colton Joseph
How hard is it to get financing on SFR rental property
Good Evening everyone!I am looking for some advice/opinions on a build I am about to do, and greatly value any input from those of you with more knowledge on the subject than I!I typically buy and sell property to mak...
Doug Watts
First Flip Listed! Any strategies to avoid CAPITAL GAIN$?
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
Andrew Ellis
TSP Loan for Investing?
I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
Joseph D.
Coverage Amount - Value of Property or Amount of Mortgage
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...