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17 August 2024 | 8 replies
Just a couple notes from my side: I don’t believe you can lend from your IRA to yourself to flip a house since you are a “disqualified” person, or whatever the term is.
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15 August 2024 | 5 replies
Hi everyone,I'm exploring the possibility of investing in the Indianapolis area.I was thinking of focusing more on the Bates Hendricks / Fountain Square area, and I noticed that most of the houses in the area are quite old.What do you consider to be "too old" of a house in this market?
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12 August 2024 | 0 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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16 August 2024 | 8 replies
I fell in love with the negotiating an chasing deals not to long ago an discovered that's my niche and now I'm here to keep growing an connect with all sorts of amazing people. any advice would be much appreciated, I've been saving and saving an believe I have enough capital to get into one of the strategies, its 35k and house flipping seems right up my alley though the market an fear of not having enough capital is holding me back. any advice thank you!
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17 August 2024 | 39 replies
The Panama City market has been sliding forever thus why I never recommend buying much in the city except if you want to move here (still...renting makes more sense at the moment)Investing in the city really only comes down to doing a STR business based either on leverage or co-hosting models as rents are extremely low and there is SO MANY apartments and houses that are empty, doing nothing for 2 or more years.
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15 August 2024 | 10 replies
If you have or can build equity in your houses do the 2 out of 5 years as primary and sale tax free up to $250,000 per spouse.
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15 August 2024 | 11 replies
He has since moved to Fort Myers and the house served its purpose for him.
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15 August 2024 | 6 replies
This spring I moved for a new job (currently renting myself) but hung onto the house to rent out.
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15 August 2024 | 28 replies
Can't believe you're getting that little for a house that large?
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16 August 2024 | 2 replies
As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker who's on their second house hack.