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29 September 2016 | 16 replies
This can all be structured numerous ways.
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4 October 2016 | 13 replies
Then join a local REI group and begin using this formula to overcome your fear of the unknown....Definite Goal/Plans + Faith + Emotion + Action = All Human AccomplishmentFaith = Knowing you can accomplish your goal / Self ConfidenceEmotion = Feeling you can accomplish your goal / objectiveIf you feel that you are deficient in any element, focus on working on that until you feel you're ready to take action.I wish you the best.
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2 October 2016 | 8 replies
I have prepared numerous Schedule E's, Form 1065's, Schedule K-1s and also worked on a couple of 1031 exchanges during my time at the CPA firms.Any advice or resources for getting the ball rolling with real estate investing would be greatly appreciated!
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1 October 2016 | 8 replies
We had our second home rented out before the closing.At this point and after reading numerous books on real estate, I realized that although we had reached our goal of owning a rental, our finances were completely vertical and I need to spread out to increase cash flow and reduce the impact of a vacant property.In January 2016, I started data basing different markets across the USA.
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29 September 2016 | 0 replies
I have had numerous businesses through the years but it was serious health issue and the realization that disability social security payments would not allow me to live that made me want to build a successful RE portfolio.
11 October 2016 | 15 replies
No property tax issues with common elements, no complex hazard insurance policy to deal with, no common area maintenance issues to deal with.
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2 October 2016 | 9 replies
My biggest issue with this appraisal is that he used a fixer upper that had recently been foreclosed on and a short sale as comps for a nicely remodeled home, when there are numerous remodeled sales in the neighborhood selling for $60,000 - $70,000 more.
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8 October 2016 | 3 replies
Here are the elements that go into my situation:1) Currently in mid-range salary job (60k).
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6 October 2016 | 3 replies
I've been interested in real estate investing(particularly buy and hold for cash flow) for some time, but always been hesitant to jump in.I've read numerous books, listened to almost 100 BP podcasts, been to some local REIA meetings, but I've yet to pull the trigger on anything.