Lorraine Hadden
First Time Homebuyer (FHA) vs.
13 January 2025 | 2 replies
If you choose to go with a first time home buyer program, you would need to identify all the terms and advantage of that as MANY are available.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
Once you are married, you are going to want your alone time.
Ashley Kehr
New Rookie Reply Youtube video featuring First Time Home Buyer Question
17 January 2025 | 0 replies
On Real Estate Rookie Youtube we just released a new Rookie Reply episode that has a question pertaining to First Time Home buyer's.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
Cut your losses the first time they miss a payment and start the eviction process.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Dillon Seal
Long Time Lurker
12 January 2025 | 5 replies
Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
George Palacio
Advice for a first time home buyer looking to purchase Multi-Family
17 January 2025 | 2 replies
It’s a full-time commitment, especially when you’re just starting out.
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
For example, if you don't specify if a certain item is reoccurring or 1 time, you can't collect it.