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Results (10,000+)
Charlie Krzysiak Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
Do that for a year or two and then help that owner buy another and you take a cut in the deal maybe in exchange for management. 
Jerell Edmonds MF Investing 2nd property
27 November 2024 | 9 replies
So true I mean rent free would be #1 goal but I can make do with half my living cut down .
Hima A. How to set Up myself & my future as a REI
26 November 2024 | 3 replies
Start SavingOnce you land a job, build up your savings for your first deal.
Mitch Holmes Bag of cash but no W2
27 November 2024 | 10 replies
It's also worth mentioning that I already have a good relationship with a wholesaler in town who knows other good contacts, and I am able to use some of these contacts as good resources for general knowledge and learning how it all works.I recently had to close my business of 9 years, and so instead of getting a W2 job or start some other "normal" business, I'd much rather prefer to have house flipping be my primary source of income. 
Deal H. Turnkey or BRRRR?
27 November 2024 | 48 replies
I have a full time W2 job that takes up much of my time, so I'm leaning toward Turnkey until I gain some experience.
Sam Huang Slow progress & delayed gratification to Financial freedom
27 November 2024 | 8 replies
.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.
Elia Caputo Mhe best strategy/Mentor
26 November 2024 | 12 replies
I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.
Melanie Baldridge One of the best strategies?
26 November 2024 | 4 replies
Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.
Julio Gonzalez Smart Strategies for Selling Your Investment Property
25 November 2024 | 0 replies
While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits.
Allison Levine Any advice- Renter is part of a scam and not paying rent, now trying to extort $$
27 November 2024 | 6 replies
Lesson learned - do a better job screening your tenants...Consider investing in greener pastures (landlord-friendly states)