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30 January 2025 | 56 replies
If you’re willing to put in the work and learn the nuances, it can be a great place to build a portfolio.Feel free to reach out if you’d like any pointers or resources—I’m happy to share what I’ve learned from my time investing there.Best of luck!
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16 February 2025 | 3 replies
I guess it’s like free advertising.
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2 February 2025 | 1 reply
Start with BiggerPockets Ultimate Beginners Guide (free).
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31 January 2025 | 3 replies
If you’d like to discuss further or share your insights, feel free to reach out to meLooking forward to hearing your thoughts—thanks in advance for your input!
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3 February 2025 | 4 replies
If there aren't any massive physical problems with the property, it appears you can grow income and equity.You might be able to buy this with little cash out of pocket if the seller owns it free and clear and was willing to finance nearly all of it.
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19 February 2025 | 15 replies
Otherwise, it’s treated as a partnership requiring Form 1065.Get an EIN (Employer Identification Number) from the IRS (free) for tax and banking purposes.Separate personal and business finances by opening an LLC bank account and keeping rental income/expenses distinct.Consider an operating agreement, even if not required by state law, to define ownership and responsibilities.Liability protection: An LLC helps shield personal assets, but you may still need landlord insurance and an umbrella policy to cover lawsuits and unexpected claims.Tax strategy: Rental income typically passes through to your personal return (Schedule E).
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16 February 2025 | 44 replies
Do you have any beginner tips for someone attending judicial tax sale which is supposed to be "free and clear" of liens?
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8 February 2025 | 13 replies
At Rent to Retirement, we’ve been helping investors navigate these decisions for over a decade.If you have questions about market analysis or getting started, feel free to reach out.
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8 February 2025 | 10 replies
My contractor does these visits for free because he gets ALL my work, the construction, the plowing and the mowing.
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11 February 2025 | 4 replies
Feel free to ask any questions you may have regarding Freddie Mac and Fannie Mae multifamily financing in the comments - or DM me directly.