Hey everybody!I've reached three rental properties, totaling six units. I have landlord insurance on all three, and require the tenants to have renters insurance. I operate them as a sole proprietor by the way.What do...
Hello everybody. I understand the concept of controlling properties to build wealth and the benefits that come from finding a deal and using the banks money. Given you had 250,000 liquid why wouldn’t one:1) Purchase a...
I’m considering purchasing a convenience store/gas station that doesn’t have any land/structures included (just the inventory and leases). It’s $40k plus inventory and the books show a net profit of $58k/year. At this...
I currently live in Austin, TX. I started my education journey a few months ago, and have been looking to purchase my first rental property. Prices in Austin are pretty high, and the market is pretty hot so I thought ...
Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...
Hey all! Got my first contract for a property! Woohoo! Details:House got deeded to one of the daughters by her father. He passed away shortly after. Her sister and brother "temporary" moved in to the property. Moved i...
I came across this recent survey of real estate investors across the United States which shows that nearly all are in agreement that this pandemic hasn’t dissuaded them away from real estate investing. In fact, it’s a...
I've never inherited a tenant with a property purchase, nor have I served an eviction, but I am faced now with the prospect of buying a good property/location where the tenant has a few red flags. They are currently ...
Hello Everyone, I'm a new investor and I'm currently looking for some strategy tips on a multi-family deal I found. A mutual friend of the owner and myself got us in contact. Let me tell you about it. First I'll tell ...
I am at the point right now of trying to reach out to agents and other investors to learn more about various strategies but I feel as if I am almost stuck in this spot. I do not have enough money to buy a home or even...