We did it. My wife and I finally agreed, the time is now. I liquefied 25K in funds, and we are now, ACTIVELY in the market for our first investment. I'M SO EXCITED!Also, I can't breathe. LOL.We're looking for a BRRRR ...
Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...
I'm so frustrated right now! Between all of my properties, gates, garages, etc. I have a lot of keys to keep track of. I have them on a board and had them separated on hooks with the hooks labeled for each key. The b...
As a new investor and someone who is meticulous with keeping things organized I'm just curious how all you experienced REI keep your expense receipts filed and organized?
Thanks,
Eric