Jake Recz
HELOC Closed! $94,000! It was quite an adventure!
Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
Jon Graham
Rehab strategy - spit and polish or full rehab
I'm an investor in NW Indiana. We have done a few successful flips over the last couple years. On the houses we have done, our strategy has been to do a quality rehab and try to drive up the resale value of the house....
Jeff Sheraton
Online Note Buying
Is there an MLS equivalent for buying and selling notes? It seems like each website has different notes, it would be ideal if there was one central location that all available notes could be found.If there is not wha...
Account Closed
Am I giving away too much on this spec deal?
Thank you to everyone for your comments on my last spec deal post, especially @J Scott and @Will Barnard.I’ve worked through the opportunity further, met with local real estate agents and other developers to get thei...
Eli Ettinger
Made a novice mistake and wondering what my best options are
Clear lake (houston) TX. 2b/2b condo 1000sqft
4% cap. 100% equity.
Purchase price plus all fees plus repairs $90k
Appreciation 5%
Market value $85k-$95k
Currently rented to a good tenant who pays on time with...
Josh Gregory
Avoiding capital gains through buying rentals?
I buy and flip houses as well as by rentals throughout the year. Currently, I am set up under two separate LLCs for protecting my rentals in case I get sued over a flip. However, I have been thinking… If I flip house...
Giedrius C.
Passive investor in flipping and self employment tax
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Paul Choate
What am I doing wrong? (tax questions)
Warning- This is long-
I just got my taxes back for last year and I am really confused. I have tried to grow my rental business a bit too rapidly and I am trying to figure out how to level this out so it wor...
Rome West
Newbie wanting to get into multi-family
Hello all.. I'm new to the real estate investing field and have no idea about investing. I have a some real estate experience from being a loan signing agent here in Arizona, so I'm familiar w documents. I'm looking f...
Brian Garrett
Cash vs. Lending when just getting started?
I always see threads where NEW investors say they have "X" amount of money to invest so I wanted to dig a little bit deeper into those examples in hopes of educating and learning further. Here is a hypothetical scenar...