I’m returning to the U.S. after spending a few years overseas, and I’m eager to start my journey in real estate investing.Once I’m back, I have a job lined up with a wholesaling company where I’ll be focusing on buying houses.

I'm also open to discussing the properties I have purchased, analyzing which deals have been successful and which ones have not.In my experience, out-of-state investors who buy single-family homes in the suburbs usually see better returns.

I will return to this situation in the end of this post, but first let me show you why the age of a person can be tricky when it comes to the IRS.

I will likely be challenged to get a 1 to 1 return on adding the AC, adding an EV charger, converting a sound studio to an office, and furnishings.

If an early buyout opportunity arises, I’m happy to secure a solid return for all involved.

I purchased a property they managed and was unable to get absolutely no communication or return calls from the property managers.

The IRS has a regulation that amounts less than 15K are tax-exempt, of course, this requires you to file a tax return.

I have a buddy that has been doing flips for a few years and he now has investors approach him asking to get in on his flips so he lets them cover the down payment/entry fee's for 30% return on their money.

For example I sold 2 properties in the same town that was more than 30 minutes away, just because of the travel time to get there and return. 

If you purchase with 20k you will be paying PMI and the returns are too low.