I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
I just got word today that my lender won't finance my Columbus, OH brrrr because they are uncomfortable with me being from out of state. Have you ever run into this problem?
In the US real estate market, there are continuous cycles and trends that correlate directly to housing values. These values tend to make their way up to the sky and eventually shuffle back down to ground zero. Over a...
was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
I know stupid question, But im wondering say if someone did buy a property (apartment) is it a reality to get rich from it? im just wondering i know an appartment can earn alot on a monthly and yearly basis but do you...
Here is the scenario.
Due to a defect in the furnace it may have caused the a/c to run while furnace running causing a high electric bill. Tenant is asking to reimburse electric costs.
If it proves the case, how wou...
We may be biased, but for us, real estate investing has been an amazing journey. Like anything worth doing, it has its challenges, but the potential far outweighs the drawbacks. For the right type of person, real esta...
I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...
Is anyone actively investing in Turnkey properties?
I’ve really just dabbled with SFH rental properties in the past but am now looking at making more significant moves with a goal to be done with my 9-5 job in 6 years. I started looking at smaller town properties in K...