Many of the properties I've been looking at - in lower income type areas - have a few registered sex offenders on that same street. Is this an immediate no? Would you still invest in that area?I would feel pretty te...
Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
I'm curious to hear opinions on Wilkes barre and Scranton. More specifically which city you think is better, has a better chance of doing better in the future.
I own a 3 unit in Hanover township 10 min from downtown...
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
Hello. I have saved up for my first real estate investment. I am moving to Dallas,TX and wanted to take a step out and get started there. Since The area will be new to me and I don’t have any connections there yet I w...
My husband and I are considering listing me as a Real Estate Professional on our taxes for 2021, and we are looking for others who have done this successfully so we can get some more detailed information on it. We as...
Hello All,I was curious if there are target metrics specifically in respect to the following from the [perspective of Risk/Target profile of deal:1. Purchase price per unit: is there a target range for this price per ...
Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...
So, recently I've been interested in possibly buying a plot of land near Colorado Springs, CO and developing it into an RV Storage Facility. I have been interested in self storage for a bit, but it seems like it's too...
Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...