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Just coming on board. It feels absolutely empowering to know that there are sooooo many like-minded individuals looking to secure their financial future in the art of real estate investing. Proud to be a member, let...
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Thanks in advance for your insight. Here's our rehab and resell situation:Elderly parent currently owns the property OUTRIGHT. Three adult children have taken control of it. Our company would enter into an equity part...
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Hi! Looking for anyone who self manages their out of state properties. Would you advise self managing your first STR that is out of state? Wondering if that will create more risk for myself doing that. Thanks!
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Hi guys, first property buyer here! Woo!I'm talking to a lender, and since I don't currently own anything, he's suggesting that I go with a primary residence and rent it out under that proviso rather than making it an...
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Hi everyone,I have been listening to the Bigger Pockets podcasts for the last month and finally took the plunge to finish updating a profile I started back then.My interests are in buying and holding multi-family home...
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So,I know that Texas has no state income tax. Does this include net rent for rental homes under an LLC?For example, if I show a positive net cash flow of $1000 for a rental property, is the IRS going to collect any i...
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Hey,I live in Louisiana and I just finish my pre licensing course to get my salesperson license. I take the state and national exam in about week. I heard that finding real estate brokerage firm to work for is basica...
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We bought 4 SFR in my husband's Solo 401K two years ago.Recently we realized that it's impossible to do cash out refi as each of those is not worth much. can't meet minimum loan requirement.Can I sell house from his...
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The reason that real estate to me is the best investment especially for someone just starting out with investing capital is because of the amount of control and risk management you can exercise on that investment. Yo...
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The multifamily vacancy rate is up to 6.3% nationally. This is still low but the increase worries me. I'd like to hear from the experts on this forum about why they think that the rate is going up and what it's affect...