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8 February 2025 | 49 replies
However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.
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14 February 2025 | 8 replies
Consult a CPA or real estate attorney to understand tax implications, build a reserve fund for unexpected costs, and research local regulations to ensure a smooth and profitable transition into rental property ownership.Good luck!
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30 January 2025 | 1 reply
If anybody local (especially other wholesalers) or anybody else even out of my market wants to connect, feel free to reach out!
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21 February 2025 | 13 replies
Your local MLS already have this data and send a monthly update to all their member.
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21 February 2025 | 7 replies
Also, about seeing a property in person: I have found local real estate agents, who are willing to go out and take photos and email to you, for a modest fee.
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31 January 2025 | 17 replies
Hey, I am an in the Kansas City area looking to meet and connect with local investors.
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27 January 2025 | 8 replies
Try talking to local banks who want to do business with you.
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31 January 2025 | 1 reply
My thinking immediately turned to researching local rental costs per square foot to determine income potential with triple the current square footage.
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4 February 2025 | 9 replies
Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim.
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28 January 2025 | 6 replies
A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.