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30 November 2024 | 16 replies
I ended up going with a market I had already been to, Huntsville, and learned to do long distance real estate investing as well as the BRRRR method.
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29 November 2024 | 9 replies
This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.
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7 December 2024 | 60 replies
On another note, I am vigorously researching construction methods for the new house, and also chipping away at some concept drawings for it.
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26 November 2024 | 1 reply
Knowing that AI has natural language processing skills, I was hoping to see if it's possible to point, teach, interact, and then pull back responses for prospecting purposes.
30 November 2024 | 4 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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1 December 2024 | 31 replies
Some recommend the STACK method also.
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26 November 2024 | 6 replies
I’m looking for a structure that would at least allow me to break even, or create capital through something like the BRRRR method to use for future deals.
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26 November 2024 | 5 replies
What alternative method(s) would you recommend for beginners?
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26 November 2024 | 4 replies
Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.
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27 November 2024 | 7 replies
We did the BRRR method and house hacked. we lived in one unit and rented out the other.