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15 January 2025 | 7 replies
You take out those utilities from the S8 voucher rent and the resulting NET rent is often BELOW market rents.Ask more questions to protect yourself from being taken advantage of.
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16 January 2025 | 3 replies
By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.
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23 January 2025 | 5 replies
You wouldn't need to keep an eye on other investments, just focus on the one and maximize your cashflow.If I can make a suggestion though...I might be wrong, but I don't think you started househacking to take the simple route.
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16 January 2025 | 6 replies
Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.
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15 January 2025 | 1 reply
Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?
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20 January 2025 | 12 replies
Start small, focus on building relationships, and take advantage of Conroe’s growing market to achieve your goals.Good luck!
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15 January 2025 | 10 replies
Take a bit of that money and invest in learning - go to meetups and the many events that take place related to investing in the city - some for free and some paid.
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17 January 2025 | 11 replies
There might be some negotiation room for you to adjust the taking of proceeds so that you end up the the real estate (and deferred tax) in a 1031.
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23 January 2025 | 2 replies
So if you found examples of houses that sold for 20% below what you paid, they might lower your taxable value by 5% after taking that 15% cushion they give you into account.
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17 January 2025 | 8 replies
One of the most successful investors that I know in my area told me that his business really didn’t take off until year 10.