Still working on this property.  

If you are actively involved in running the business, originating loans, and spending significant time managing it, you may be considered materially participating, which subjects you to SE tax.

Let’s say you have 10 properties that you refinanced with the BRRRR strategy would you be able to get an 11th property with the same strategy or would you have to wait until the one of the other loans are paid off?

I’m eager to learn the best strategies for funding my first investment property, focusing on single-family and multi-family homes.

Out of state investor looking to connect and build a team in Ohio with broker/agents, licensed general contractors, wholesalers, insurance brokers/agents, lenders, property managers, and more.

Calculating the Deduction: Choose between the simplified method (a flat rate per square foot) or the regular method (actual expenses).How do you manage your home office deductions?

Just got my first multi family property under contract in Houston Texas..

A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.

If a property is owner occupied there is additional leeway that you have, for example certain laws that would apply to a traditional landlord would not apply to you if the property is your primary residence. 

Which the house was condemned and was easy to demo to ground level and build back which would have know mortgage and allow us to save for two more properties cash.