
7 August 2019 | 25 replies
An accredited investor, in the context of a natural person, includes anyone who:earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, ORhas a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).

18 August 2019 | 7 replies
Natural disaster, property damage remediation are two that can leave you in a serious pinch.Kwame

30 July 2019 | 0 replies
A mobile lot with utilities in (water, good septic, electrical hookup, and propane tank or natural gas connection) and a dilapidated pre-HUD mobile will bring $30,000-$45,000.
31 July 2019 | 2 replies
Account ClosedIt should be investment in nature otherwise it will be subject to UBIT which many people overlook with SDIRA LLCs.

1 August 2019 | 4 replies
It's impossible to give you a definite answer without seeing the return and discussing your facts and cirucmstances.However --If (1) you are not a real estate professional and (2) your modified AGI is between $100k and $150k, it sounds like the return is calculating correctly.RE losses are passive in nature if you're not an RE pro.

9 July 2019 | 15 replies
Arizona is a pretty landlord friendly state, no rent control, evictions are pretty simple and quick, etc.The economy is doing very well in Phoenix, lots of inbound moves, growing diversified job market, reasonable tax structure, great weather, no natural disasters, and at least one great Realtor and Property Manager.

30 March 2019 | 8 replies
It's not a natural posture, but I think you should get into this to disprove your initial optimism.

29 March 2019 | 0 replies
Purchase price: $260,000 Cash invested: $65,000 Beautiful and quiet upstairs unit with open floor plan and vaulted ceiling for RENT.Spacious 1 bed, 1 bath home, lots of storage and full-size laundry in unit.Large kitchen with natural light, Jack and Jill bathroom, private deck off living room.Large bedroom, park-like views.1 car detached garage and 1 dedicated parking space.

2 April 2019 | 24 replies
If you have a strong need for peace of mind and a safety net, that's fine, create a strategy that incorporates that.Congrats on your success so far, and best of luck!

30 March 2019 | 2 replies
While Opendoor might be “great for some people,” it has its limits because “the human element plays a lot in real estate.”Todd Shealy, broker and owner of Focus Real Estate Group, said by fixing up homes and incorporating big items into the situation, such as a new roof, the home is made more appealing to buyers.As for sellers, in his opinion, “they are targeting people who have a lot of equity,” and therefore the flexibility to take a reduced amount of money for the home by paying for agreed-upon repairs.