Hello all -I have been thinking of getting into realestate investment for a while with a goal of generating income stream (today my only income Is through my job - I make decently as a senior exec). I’m planning to mo...

The downside is the cost/time to move everything to storage.3.

I had a mentor who stressed "you make your money when you buy"; the next place you get, be sure to haggle big time - and walk away if the price is not low enough.

We all know one of the advantages of investing in real estate is the tax benefits. What does your tax strategy look like? What kind of planning do you do throughout the year to minimize your tax liability? I'll share ...

You’ll get a statement around the 7th-10th of the month and a deposit the next day or two.

In residential you can get away with a $5k earnest deposit and very loose proof of funds.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Hey everyone! I'm super new to this world but I'm super locked in. Im 34 years old and have my mind set on real estate investing. I'm about to move out of my current place and into my moms house after so many years of...

Island time is a real thing. 

These are our first two rental property purchases.