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30 January 2025 | 24 replies
To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.
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12 February 2025 | 43 replies
I own a large portfolio of single family properties and all of my info I give out comes from my personal investing expierence.
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2 February 2025 | 5 replies
Over 4k in damages, utilities, past due rent, court fees, tons of trash, holes in walls, pee everywhere, etc.
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24 February 2025 | 25 replies
The devastated community might take years to recover (or never recover), but your costs will continue (debt service, taxes, insurance, utilities, etc.).Meeting the above financial independence requirements depends on the city where you invest.
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19 February 2025 | 7 replies
The Birmingham market has been showing steady growth, with increasing demand for both single-family homes and multi-family properties.
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19 February 2025 | 3 replies
I have a single family house (primary residence) and am wondering the pros and cons of selling to a builder?
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18 February 2025 | 12 replies
Also, why not utilize section 8 on this one?
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13 February 2025 | 1 reply
I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered.
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17 February 2025 | 7 replies
Until now I've focused on distressed single-family and small multi-family properties for rehab into rentals (BRRRR).
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17 February 2025 | 10 replies
If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.