Yeah, most cities/areas have a dedicated FB group like "XXX area real estate investors group" or whatever.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Just know what you're buying as there's still a lot of FP panels, 60 amp service, aluminum wiring, asbestos tiles/tape, and plaster & lathe walls.  

This has now been signed by the seller for over a week. 

Hi Folks - Thought I'd make this a sticky in the "New Member Introductions" Forum. 

You need to know two things next:1.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

This is something a qualified contractor can easily resolve.

I just got into selling investment real estate and am always looking for new connections.

There is a huge gain probably in a more efficient gas system then oil so they are already getting some cost savings.