Hey everybody! I’m new to REI and am planning on purchasing my first deal in the next couple monthes I have been talking to investors in my area of southeast Wisconsin and a lot of people have told me we are at the t...

Pretty much a quick punch out scenario, which may help give you an idea or two. Hope it helps! Dan :idea:

Your Own Homes Improvement Outline
(One for the Ladies)
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Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...

Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity.  If you are filing as an individual...

Hi all!
I'm a Houston local currently renting in the Heights area. I've come to a point where I have a sizable amount of savings and I'd like to get more involved in a more tangible investment (not purely stock marke...

  I ordered a book lately on RE investing from Amazon, and the guru started out with the typical hype, selling the sizzle and not the steak.  You know, the whole, imagine yourself living the dream, not having to work,...

Hello everyone, here are some pics from my first rehab experience in Orange County. Fortunately for my wife and I, we feel we were very fortunate to have a smooth experience and not too many major issues. It was a p...

Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...

I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...

My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...