Chase Pomerantz
Newbies looking to break into real estate investing
7 January 2025 | 8 replies
Prioritize your financial stability.
Max Serpe
Starting out with REI in Phoenix
7 February 2025 | 11 replies
What I'm hoping to find: I'm hoping to make connections, for mutual benefit; this could be investor friendly agents who have experience with identifying promising house hacks, investors who are looking for an additional financial partner, investors who are looking for a partner to help manage the load of projects (I am naturally drawn to planning and execution), and more broadly anyone who is willing to share experience and create new connections!
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
You'll need more capital and most will require a personal guarantee and personal financial backing.
Stepan Hedz
Fix and Flip: Goldmine or Money Pit?
4 February 2025 | 1 reply
The truth is, fix-and-flip investing is an incredibly rewarding endeavor, but fully lined up with pitfalls that can easily turn your dream deal into a financial disaster.So, let's break it down:The Good: Why Fix and Flip Can be a GoldmineHigh Profit Potential: If done correctly, flipping can yield 20-50% returns-or more-in a few months.
Jessica Pratt
Tax free income from rentals
5 February 2025 | 5 replies
If you wanted to earn $200k to live on at a W2 job....you'd need to earn significantly more because you'd have to pay income taxes, and payroll taxes on the income; where as taking on debt isn't taxable at all.
Angie John
Is this legal
7 February 2025 | 2 replies
You might consider: Consulting a Real Estate Attorney – Your emails may possibly prove misrepresentation.Requesting Public Records – A FOIA request might reveal why the city denied you but later approved the duplex.Escalating to City Officials – Bringing this to local officials could expose inconsistencies.Exploring Tax Write-Offs – A CPA might help offset your financial loss, if it is possible.I’d definitely seek legal advice.
Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.
Adedeji Karunwi
Hello everyone , rookie in the house
31 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
A DSCR loan could definitely work, especially if the park’s cash flow can cover the debt.