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Results (10,000+)
Henry Lazerow Deal Diary: 5br single family house hack - Portage Park
2 August 2024 | 4 replies

This is a clients deal and the 2nd property he bought through me using 5% down mortgages. It is a 5br house in southwest side of portage park for $350,000 and each bedroom will rent $800-900 range from comps we found....

Lawrence Bland Re-entering the Game: From Mortgage Broker to Multifamily Investor!
5 August 2024 | 16 replies
LTR, STR, MTR, BRRRR, Multi-Family, Businesses, Cash Vending, Note trading, Tax Liens, etc. 
Alex U. Real estate professional status
3 August 2024 | 16 replies
Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 
Mohammad Khudirat Investing as a doctor
6 August 2024 | 28 replies
I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.
Matthew Gentile How do the numbers make sense?
6 August 2024 | 29 replies
I’m an accountant by trade.  
Sean Lin Recent Success in Real Estate & Making Connections
3 August 2024 | 5 replies
Call me a skeptic but I find it hard to believe there are properties trading in 19147, 19148, 19123 or even 19134 at a 14% cap rate.
Michael Guido Anyone hear of Vestright land deals
6 August 2024 | 49 replies
Fast forward 14 months later, through following what David and Cody teach we now have multiple signed LOIs from National, publicly traded, home builders that will net us multiple seven figures.
Jamison Borden Advice for a 19 Year Old Just Starting Out?
2 August 2024 | 7 replies
You will be way ahead of the curve.Your video production skills will be your biggest asset to trade for experience and you need to keep this in mind.
Account Closed Getting started in real estate
2 August 2024 | 15 replies
I advise to leverage your current skills to work in other trades and get into real estate investing once you're ready.
Lee Roden-Reynolds Using Real Estate to get out of debt
3 August 2024 | 7 replies
Something like co-hosting STRs, real estate photography or video (including drone), something in the trades if you have those skills, part time agent, etc.