Jesse S.
House hacking in Brooklyn seems impossible
A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...
Kyle Shankin
"Learned" something odd about 1031 exchanges
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
Mary Baccellieri
Best way to finance a BRRRR
Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
Jason Krawitz
Door Knocking Today - Results
Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...
Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Champ Leong
What's the issues using non licensed contractors?
If I want to hire my best friend, for example, who has done work for me and I know his work is good quality, what issues will this present in my BRRR? Will I have an issue getting hard money? etc TIA!
Alecia Loveless
Tenant Misses the 1st Again for Rent
I have a great tenant in a great building. She was an inherited tenant that I took over 3 months ago. She is a Gen Z’er who has a professional job working in a hospital and is very nice, professional, and keeps her ap...
Sebastian Marroquin
Sell to buy appreciation or to buy cash flow? what do you think?
I'm curious to know what you think? We have a rental condo collecting very little cash flow ($200 per month). The reason why we kept it, was bc it used to be our primary home and we can sell it until the end of 2023 a...
Jeff Schneider
25% flipping tax??? Not cool.
Let's not get into politics but since we're all like minded-ish investors, read this and let us know what do you think of forcing market changes, area changes, affordability, excessive taxing etc?https://theweek.com/s...
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?