Hello, I am Kwmane, senior at Howard University in Washington, DC. My goal is to become a multimillionaire by 30, which is in about 6 years. I am currently seeking an efficient way to generate leads for wholesales ...
Current business snapshot:
-Currently buy/renovate/sell 25+ SFR per year.
-Avg hold time from purchase to sale is 3 months (no property ever held longer than 4 months)
-Hold approx 6 prope...
Ive had fun with my Duplex , I rented it out and fixed it up. Its been 8 months i live in one side and rent out the other.Ive made all the mistakes , now i kind of just want to get the money i put in out. Market evalu...
Hi everyone,I recently inherited a commercial property in Connersville, Indiana. It was bought in 1980 for 1.1mil, and is currently having moderate/large scale renovations done to it (new roof etc.). A triple net leas...
I'm looking at a Duplex and want to see if my logic makes sense.Purchase P: 200,000Down Payment: 40k Mortgage: ~800/monthGross Rents: 2,000/monthTaxes: 375/month Insurance: 200/month Vacancy 200/month Insuran...
i am purchasing a home for rent. I hear people saying you need an LLC and also a RIA so you pay little taxes, what would be the best route for me. I am closing on the 25th of this month. Thank you all.
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*This link comes directly from our calculators, based on information input by the member who posted.Love how great this community is!!! So I have been looking to analyze deals and this on...
My father owns a SFH free and clear . Its worth around $200k . Between the annual property tax and maintenance/upkeep it’s getting to much for him . He wants to down size to a condo with hoa for lower maintenance and ...
Hello BP,
I am investing in NWF. I already own a couple properties and have a solid familiarity with the local area. Currently I am struggling to find anything worth investing in. I am reaching out to other investors...
My girlfriend and I have been saving to buy our first investment property. Should we talk to a bank to open up a business account? I hear it will be easier for CPA / Taxes later on if all expense from purchase, rehabs...