Roque Miranda
Looking to BRRRR in AL
2 May 2024 | 13 replies
Hi Greg, looking to purchase and hold, most likely BRRRR, I'm a GC by trader, and I'm used to handle projects out of state, I also have experience with flips here in Miami, but market is not great here now, I have a friend that leaves in Montgomery and connected me with some people there, so that why I'm hitting that way to start my out of state investments.
Michael Crocker
Newbie in Conroe, TX - Eager to learn about REI!
2 May 2024 | 11 replies
I'm what people might describe as a "jack of all trades, master of none" (although at this point, due to my current career, I have a fairly deep understanding of interest theory, loan amortization, assessing risk, and certain other financial topics).
Erick Acosta
LLC vs S CORP ? I’m a newbie investor.
2 May 2024 | 10 replies
A lot of people set up an S corporation before they're ready and spend more than they save.
Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
I really wish my accountant had given me the heads-up he was depreciating the property and what that meant when I went to sell — but now it's an expensive lesson, I guess.Quick note for those who went for the "get a load of this entitled millennial who filed his taxes late one time" jugular — I imagine you're here to help people, and this is your friendly reminder that it doesn't cost anything to assume good intentions and be nice.
Jeff Ryers
Formula For Tenant Qualification?
2 May 2024 | 3 replies
Monthly Rent + Monthly Debt Payments <= GROSS Monthly Income * 45%This accounts for some people who have outsized obligations such as car payments, child support, credit cards, student loans etc.
Dylan DeBellis
SDIRAs and Passive real estate investing
2 May 2024 | 1 reply
They are putting on an educational webinar on the topic of SDIRAs and real estate (the title of this post) and I wanted to see what people's opinion of their company was.
Byron Paille
Own 2 homes free and clear wanting to scale.
2 May 2024 | 12 replies
I like all people would like to get it all but we know it is not possible.What do yall want to get for cash flow per door to see a deal as good?
Raghavendra Kulkarni
Need advice on 2 negative cash flowing properties
2 May 2024 | 27 replies
I have heard so many stories just like this from people who have purchased from turnkey companies.The refi is one way, but you'd have to have a big rate cut to free up $450 (unless this is a high-priced property).
Josh Carpenter
Replacing baseboard thermostats
2 May 2024 | 8 replies
Similar to my previous question on Wi-Fi locks, what are people's experiences with modern thermostats?
Roseann Koefoed
Solo 401k for RE Investing
2 May 2024 | 9 replies
You're living a lot of people's dreams.