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19 June 2024 | 4 replies
My current plan is to buy 1-2 single family homes to rent out per year, and then eventually move out of my current home to rent out as well, once I find my forever home.
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20 June 2024 | 16 replies
As I am reading more it seems common but it also sounds like there are plenty of people who don't do it well.
19 June 2024 | 0 replies
Hi all,I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?
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20 June 2024 | 22 replies
Even if it doesn’t go well, you’ll gain significant experience.Number 3.
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16 June 2024 | 11 replies
As you write checks and make deposits your income tax return is preparing itself.At the end of the tax year print a simple Profit and Loss report for the time period and hand it to your bookkeeper or CPAYou still need to keep receipts for seven years or so but the works does itself as you write and code each check.Even if you file as an LLC, Partnership or corporation your CPA will thank you.
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20 June 2024 | 13 replies
Like I said- even if it doesn't work out Tuscaloosa seems like a no brainer for appreciation, LTR and probably MTR as well.
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19 June 2024 | 1 reply
Its priced well, needs work(which is fine) but wondering if anyone has had any experience buying, living, or managing any rentals in this area or near it?
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20 June 2024 | 14 replies
The Midwest markets have been attracting investors due to the low cost to entry and a lot of the markets being landlord friendly as well.
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19 June 2024 | 7 replies
About 16 over 6 months, from there started doing business coaching and started a business that is doing well in addition to the real estate.
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20 June 2024 | 10 replies
I pull a report of comparable rentals (usually off of Rentometer, sometimes using MLS data as well)2.