
3 February 2025 | 31 replies
I have always imagined getting to the point where I could hold/ run a small community of mountain cabin rentals or a guest house, something along those lines.Thanks,Chad Yes I meant AirBnb and Mid-term rentals, rent by the room, glamping (although I probably wouldn't go that route), buying commercial RE and running a business (for me that would be a lot of work with a W2 job and buying property locally or leasing out a space is expensive here).

24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

16 January 2025 | 2 replies
Some banks and lenders will cut you off at 6-7 even if your DTI is below the normal percentage.

6 February 2025 | 13 replies
Great reason for not pulling deductions forward.I have been retired from a W2 job for some time and my income is at an all time high and will just keep going up with more RE investments.

4 February 2025 | 4 replies
One reason was the condo management company wasn't doing a great job and there were always extra levies.

5 January 2025 | 31 replies
This journey that we're all on can be lonely, especially when it comes to balancing W2 jobs, kiddos and real estate investing.

4 February 2025 | 38 replies
Also, think about the bigger market factors—how’s the job market and population growth in Lexington?

6 February 2025 | 7 replies
If their rudeness etc causes me to not be able to do my job (they yell at refuse to let me in when I've posted notice), then that's a violation for interfering with management duties, on top of the violations for disturbing their neighbors, housekeeping violations, failures to report maintenance, etc..

26 January 2025 | 2 replies
HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.

18 January 2025 | 13 replies
Is it wrong they tell the investors if asked to say they are "partners", or "contractors" just bidding the job?