Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...
I need some advice on whether to accept or decline tenant. Out of state rental has been listed for little bit over 1month by renterwarehouse. So far gotten 4 applications all single mother with 2, 3, 4 kids. Most of t...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
Hi all!I'm trying to get into real estate and all of the resources I've been reading/listening to have said some of their best advice was learning the market. I was looking in areas where property was reasonably affor...
Not too long ago, I was involved in a discussion where another BP member - Jason Scott, who is a rehabber in Atlanta, mentioned he would not purchase a wholesale deal from me for certain reasons. Thos reasons were bas...
(if for one reason or another you can't get in--lock broken, etc)
I was wondering if people here ever do this based on just looking in the windows, if it looks okay?
Hello everyone!
I am new to this Bigger Pockets community, but I have been listening to the podcasts for a few months now. I am trying to get started with REI in Southern California, but I am having trouble on decidi...
Hello all - new to BP and happy to be here. Looking to do some networking and also start some brainstorming. Fairly long post as I am trying to add some value for you (the reader), so here goes:Background: I have been...