Hi! I am renting and wanna get into real estate investing. What is the best way to start? Should I buy a house to live in first before I buy an investment property?
Dear fellow investors,I am under contract to purchase a facility. The current assessment is about half of the purchase price so the real estate tax will go significant up. My attorney recommended that I consider split...
Hi all,I have been learning about REI for the last year+ (books, videos, etc.) and am expecting to make a move in the next year or two. I think house hacking is going to be my play. For context: I work remotely, don't...
I formed a partnership with an investor and we have $300k sitting in the operating account. Rather than paying a property manager a $1,000 fee to place our tenants in the property, I am doing that and partner told me ...
Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...
Hi BP,I recently switched employers, and am getting setup with the employer provided 401k custodian (Fidelity). My goal is to take advantage of the % match my employer offers and roll it over to a self directed IRA, o...
In our area, most of the fix uppers are cash only, (usually 300k to 400k) and needs more cash to renovate. I only have about 200k cash to spend comfortably and don't want to take a hard money loan. One of my close fri...
I’m having a cost segregation study performed this year that will essentially allow me to reduce my taxable income by 20% of the purchase price after subtracting the cost of the raw land. My question is can I still d...
I'm working on syndicating a deal and I have a number of investors who have an interest in committing some funds with me to make this deal work. My thought process is to set up an LLC where each investor has a % owner...
Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...