19 November 2021 | 11 replies
You will gain a lot of experience and knowledge from a house hack with tenants so on your second property you will not make as many mistakes.
1 October 2021 | 2 replies
I am currently reading some real estate book and gaining knowledge, however, I my lease will expire in a few months and this is just as a good time as any to first get out of being a renter.
1 October 2021 | 3 replies
Is the income taxed on capital gains or on what?
26 October 2021 | 34 replies
(Disclosure: I have no financial gain/ties to Brian Burke other than to say that his teachings are fantastic!)
1 October 2021 | 10 replies
We had to take down a tree 2 weeks ago-a very large oak that split in half from its own weight.
2 October 2021 | 2 replies
@Kayla Carson, I'm guessing that house has appreciated quite a bit since you bought due to the pandemic, and if it's your personal residence, you'll be able to take those gains tax free up to $250k, so I wouldn't say it's too bad if that's the case
6 October 2021 | 12 replies
I used to buy undervalued properties/fixers and looked at the numbers like I'm planning to flip, but rather than sell and get killed with short term capital gains, I tend to rent out the properties to A plus tenants long enough to qualify for a 1031 exchange so that I can 1031 exchange to the next cinderella.
6 October 2021 | 6 replies
Take the gain now and keep rolling it into larger primary home.
8 October 2021 | 4 replies
style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: inherit; vertical-align: baseline; position: relative; overflow: hidden; height: 360px;">Hey everyone!
4 October 2021 | 26 replies
I assume the debt should always be covered by tenants however more is needed to to gain the cashflow from a handful outright.