John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
Learn and Network:Learn as much as you can about house flipping by using online resources, books, or courses.
Hector Lewis
Sell or Continuing Renting out Single Family Home
29 January 2025 | 5 replies
Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.
Dean Kenny
Best Option to Start Investing
22 January 2025 | 4 replies
One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.
Patrick Wood
Investing seed money: what financial instrument to use as a bucket
14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.
Jesus Nieto
Need help with SubTo Deal
28 January 2025 | 12 replies
Tell me - someone selling their home to your son, Subject-To - is this a person who has made good life choices?
Jacky Johnson
Request to share cost in replacing part of adjoining fences
28 January 2025 | 16 replies
I was thinking if I can talk to my neighbor about sharing the cost (I, the landlord, personally provide labor and my neighbor provide material (e.g. fence pickets)).
Don Konipol
How Large a Part of Your Total Assets is Real Estate?
23 January 2025 | 4 replies
I'm going to exclude my personal residence from this because I don't view this as an investment, I need a place to live.Excluding my primary residence my current breakdown is 47% real estate 53% stocks/cash.