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22 January 2020 | 13 replies
If he doesn't want to be a landlord and fix toilets, this is the ideal path.Start by just educating yourself.
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14 January 2020 | 2 replies
Hi everyone,I started last year to look into real estate and are my first deal this week.This means all my capital is tied up for now, but I am still scanning the market for good opportunities focusing exclusively on my area (Manassas & Woodbridge)I was thinking of starting a small newsletter to share great opportunities in the hopes of learning more and/or working together on them (got my Realtor license...).If this sounds interesting can you ping me your e-mail address so I can add you!
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14 January 2020 | 3 replies
You might be able to use Schedule E/C from a previous owner who was renting the property.
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24 January 2020 | 9 replies
It's been reported on your schedule E as investment and depreciated as investment.
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14 January 2020 | 0 replies
I understand that my backyard may not be the ideal area to invest, but I am flexible if the numbers work out.
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18 January 2020 | 2 replies
I need to start from brick one on the yellow brick road, there is just too much information that my brain goes into overload mode, a mentor would be ideal but I have visited some websites and there asking thousands of dollars which I wouldn't hesitate to pay but how does one know if there legit?
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14 January 2020 | 3 replies
Landlords can deduct the interest they pay on the mortgage for a rental property, however, this must be claimed as part of the property's expenses on Schedule E."
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14 January 2020 | 1 reply
Investment Info:
Single-family residence wholesale investment.
Purchase price: $100,000
Cash invested: $1,000
Sale price: $108,000
Another fast wholesale deal. End buyer wanted it but couldn't...
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14 January 2020 | 0 replies
I am someone who does not have much income to currently buy a house to house hack and/or BRRRR, which is ideally what I’d be doing now.
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20 February 2020 | 17 replies
I'll leave my $45,000 in it which isn't ideal, nor really a good BRRRR but the numbers should still work pretty well.