So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
Are others finding it harder to find good properties right now? In my area it seems to be the case. I try to find purchase in the 50-60% of improved value range, putting in 20% and making 30-40%. I am doing most of...
Hello, I'm a newbie but have been studying and learning as much as I can and I came across a deal I haven't seen yet. I would like everyone's opinions. It's in the city next to a historical part of town, lots of ba...
Hi there.New, aspiring investor here. Just getting started. I'm working with some family money, trying to find a place in Los Angeles, but I work in China (grew up in LA, family still all there).As an investment, we a...
I am new to wholesaling and need some advice. I have been successful in real estate and rentals but I have recently had an interest in wholesale. I have heard many success stories but have a couple of questions. The f...
Hi all,
I don't see very much discussion in the SS forum when it comes to selecting a few farm areas. I could use some tips or suggestions for this. I intend on retailing these homes, so won't be looking for too mu...
I may have a deal with a short sale. I can run the numbers, but what happens to the current owners when they do a short sale? Will there be any long lasting negative effects to their credit? Anything else negative ...
Opendoor is active in Phoenix but it looks like they haven't figured out a formula yet. They bought this property Oct 31 2018 for $245,700 and after228 DOM are asking $249,000 - who knows how much they put into the re...
If you’re considered getting into Multifamily investing (or already do and want a good war story), and are reading all of the books and listening to all of the podcasts to prepare for every possible scenario, then you...
Hello BP World! I've recently completed my biggest project yet which included a renovation cost of approximately $95,000, multiple offers, a quick sale to a military couple, and a happy closing! :) Buying the property...