Jacob Hicks
Moving to a new city and buying my first property
So I am 26 and am considering moving to Des Moines, Iowa from Iowa City, Iowa. I would like to purchase a place to live. I am hoping to buy a duplex. Live in one unit and rent out the other. I have 4k saved currently ...
Alissa Hyder
Townhome rental advise
Hi BP community! I’ve been stocking you for a while now, gleaning as much wisdom from these forums as I can. I am hoping you all might be able to help me sort through a decision to keep our town home as a rental or se...
Jason Holmquist
Meeting with a wholesaler
Hey guys, I meeting with a wholesaler tomorrow and it’s my first time going into this. I’m using a local company that has actually been posted on here (Networth Realty). Anything thing I should ask the broker on my f...
Joseph Thompson
Alone or Partnership
Thinking about partnering up with someone on a real estate investing business. Any thoughts you might have from past experience - Good or Bad. Do you feel it is better to just go it alone so you don't have to have t...
Sarah LaGrille
Buying a wholesale property
I’m looking to buy a wholesale option. What questions should I be asking the wholesaler to protect myself/interest? Thanks a bunch!
Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Terry Royce
Paying Transfer Taxes on a Wholesale
I was talking with a friend who works at a title company here in MD. I was asking him about assignment contracts and he said that alot of companies don't do them because it can get THEM in trouble. His reasoning was t...
Eric Johnson
First Potential Wholesale Deal In The Works
Greetings,
I have a quick question regarding wholesaling. Once I have a property under contract, should I contact the title company to start preliminary title work, or, should I wait until a buyer is in place, then, ...
Justin B.
Housing Bubble 2.0: "More Flipping, Bigger Profits, In Less Time" With 156,862 Homes Flipped In 2013
This just in from Zerohedge,
The average time to complete a flip nationwide was 84 days in 2013, down from 86 days in 2012 and down from 100 days in 2011.
“Strong home price appreciation in many ...
Kevin Feltner
Collecting Damages and Unpaid Utilities
I have been a landlord for 10+ years, and I have never attempted to collect unpaid rent and/or damages from a tenant. I would now like to try to collect unpaid utility bills and damages from a tenant, but I do not kno...