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15 January 2025 | 10 replies
If you have three people renting together, combine their incomes into one to see if it meets the 3x requirement.However, nothing is that easy.
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22 January 2025 | 3 replies
Too many people try something for a short time and are looking for the magic bullet strategy but the true winners in real estate are those that do one thing a bunch of times over a long time periodHope that helps!
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21 January 2025 | 3 replies
From watching the market and myself investing in Bryan/College Station, people are still renting out these properties nicely.They can be leased as a whole or rented by the room and are usually in great areas, close to the university, grocery stores, and restaurants.
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16 January 2025 | 78 replies
People are still sleeping on it!
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15 January 2025 | 7 replies
We always want to help if people let us.
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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22 January 2025 | 4 replies
This is a real estate group so I’d assume a lot of people own a lot of real estate.
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22 January 2025 | 12 replies
There isn't really a lot of people looking to rent a 3500sqft house and that may translate in longer vacancies.
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18 January 2025 | 2 replies
I've been a member of GAREIA for about a year and it's been fantastic - lot of people in that group that are experienced and excited to help the next gen investors.https://gareia.com/Feel free to PM me or reach out to contact info in bio - would be happy to help however I can!
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10 February 2025 | 59 replies
@Nina Erlandson I have not used them before personally but I work in the insure-tech space and know some people there.