Hi all,I just formed my first LLC and received some information that if I elected the scorp option for tax purposes, I could reduce my tax burden. Is anyone familiar with this strategy? If so what are the pros and con...
Just spotted a foreclosure at 170,000 in a neighborhood where the comps are 220 to 250, sent the realtor this : "Hey Joseph, Darnell Robinson here, I'm a new Real Estate Investor just getting into this game so if yo...
I'm looking to invest in residential duplexes, tri's and quads. I left my W2 job a bit ago and can't find any lenders who will lend based on the cash flow of a property (they all lend based on the borrower's income). ...
how would I go about fixing and holding using hard money. (Step by step)
I am interested in investing in a condo in Manhattan or Brooklyn and have it rented using Airbnb. Is it legally possible to do it in either city? I heard it i getting more difficult in Manhattan. Not sure about Brookl...
Alrighty, here is our situation...and I need advise!
I have searched the forums and read MANY threads.
First, we OWN free and clear a home valued at 80k.
Rented it for two years, but now we want to sell the home. We...
I’m often asked by new investor hopefuls how to get started in real estate when cash is light. Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful...
Hello world of BP, my name is Isabelle Dufour and I live in Denver Colorado. in the last 3 years, i have been investing in the short term rentals. In the last few months i have been renting all of them and moving aro...
Hello All
Can someone give me an idea of how much a typical Wholesaler will charge for a property? I am speaking %of ARV. I ask because, I am finding wholesalers in my area charging as much as 80% ARV before rehab? I...
Sometimes you'll run into a situation where you want to assign a property but the end buyer is tight on cash to cover the purchase, the repairs, and the assignment fee. Consider seller financing some or all of the ass...