Your advice will be invaluable in helping me navigate these initial steps and lay a solid foundation for my future in real estate investing.Thank you so much for taking the time to read my post and for any guidance you can provide!

DISCLAIMER: If you are in Virginia, this post may be seen as legal advertising.

Originally posted by @Jai Koolwal:Hi All!

Personally, I just post on line the rental thats available and see who replies just to see if its needed in that area before I purchase 

If there is a leak and she's not getting back to you, I'd find a way to post notice on the door and let her know that you've let yourself in. 

I Kari, I think I accidentally posted to a Lisa, but my post was meant for you.

Originally posted by @Timur Abdullin:Originally posted by @Basit Siddiqi:@Eric LunsfordIt really depends on if you are in the business of lending.If you are not considered in the business of lending - the income is considered interest income and taxed at your marginal tax rate for both federal and state.

Read your post about the dangers of confronting tenants in default.  

I invested in a syndication in April of 2022 that was projected to give me an 18 percent return for 4 years after which I would be refinanced out on a waterfall and left with 5 percent of the deal post the waterfall as long as the deal is owned by the GP.

.- The guy with 3,000 posts on BP may be selling you something, like a totally unnecessary $10,000 course or “mentorship”.