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Hey All - I'm currently in my initial stages of my RE investing journey, but wanted to get opinions and advice on balancing my aspirations for the day to day real world time and financial commitments necessary. I'm cu...
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When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...
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Hey BP, I am thinking about purchasing my first property!!! It's a 4plex with each unit renting for about 650-700.
It is in good shape, but definitely in need of some cosmetic repair.
Each unit is 2 bed...
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I see all the memes about "quit my 9-5 to invest in real estate but now I work 24/7". Just wondering what your day to day lives look like living off your real estate. Currently 1 year in on the journey with 4 properti...
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Hi there everyone, this will be my first post. So my wife and I have a rental property in an "up and coming area" of Miami. We've had inconsistent bookings on Airbnb and VRBO. The guest's that we do get generally get...
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Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
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I put my first investment property in Baltimore, MD recently. I am about to start the rehab and plan to rent it as a Section 8 property once I'm finished. I am deciding now what level of renovation will give me the ...
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Im looking to open up the floor plan, and would like to remove the center load bearing wall. I have talked to a few contractors and this is what we've come up with, the rafters are 2x6 and the roof is a 5 pitch. There...
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I am strongly considering new build construction in NW Cape Coral Florida. The new build is still on the well/septic system but I am being advised that conversion to city services is several years away. I am also advi...
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I own a lakefront resort with 6 rental cabins + the innkeeper's house + boat dock on 10 acres in a popular vacation area. It is in it's 28th year of operation and has about a 62% occupancy rate. On-line brand recogni...