
4 June 2024 | 1 reply
What we did have in the way of real estate “education” was (1) the book “HOW I TURNED $1,000 INTO ONE MILLION IN REAL ESTATE IN MY SPARE TIME” by Bill Nickerson, (2) education provided by organizations to qualify for real estate brokerage licensing and (3) courses in real estate offered by collegesI found that because of the type of education provided we were much more knowledgeable about real estate FUNDAMENTALS, FINANCING, AND LAW than investors are these days.

4 June 2024 | 1 reply
If one spouse or partner makes W2 and not a percentage of owner we can use just the W2 to qualify if it’s enough.

4 June 2024 | 2 replies
Another reason for potentially selling this home, is that my fiancé didn't qualify for a HELOC on this home (house is in her name), and our equity is tied up.Overall, we love these homes and would love to keep them, but holding costs here in TX are expensive.

3 June 2024 | 19 replies
If they submit the application and they look good, I tell them they are qualified and the house is theirs IF they want it.

3 June 2024 | 8 replies
Entire gain is qualified for the capital gain exclusion.

5 June 2024 | 9 replies
It offers triple tax benefits: contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free.5.

4 June 2024 | 7 replies
Many local groups will step in to find and fund "first time etc" qualified hard working homeowners though, find great tennants to get in your units if you go this route, & set it up correctly.If states like Indiana are pushing that they are "tiny home friendly" (in that case I've heard of the log cabin law, but don't necessarily know if that's directly applicable to community-scale developments).

3 June 2024 | 0 replies
I own vacant lots in a Qualified Opportunity Zone.

3 June 2024 | 14 replies
There are other investor products available to where you do not need tax returns to qualify.

4 June 2024 | 10 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.