To cut to the chase, I am 23 years old and live in the NYC area. I have realistically up to 45-40k to spend on my first investment property at this time, maybe more if absolutely needed. My house budget is 200-250k an...

Hi all, I appreciate your help in advance on this extremely complicated topic.

My wife and I are trying to find out what exact details will count towards the 750 hours of "materially participating" in real es...

I finally received my first contract to wholesale! I noticed that there is no insulation in the exterior walls and since the drywall mostly needs replaced anyway, I was wondering what to estimate for that budget? I am...

Hi BP. I'm currently working on my REI business plan and was hoping some experienced investors could provide some insight. I'm completing a 3-5 year financial projection and wanted to know what factors could (or shoul...

As you build your business, you need to be able to change your approach to continue to be successful.  I used to be able to focus on just one task/project, but as I grow my business, I need to change my approach to be...

Hello all, we are so excited to close on our first StR/ MTR that will be a complete gut job. The property is a 3/2, in a great family friendly area and very close to a commuter college. It’s in very bad condition righ...

How is the market in Albany GA? 

I have a spreadsheet I've developed for my STR and have been using 20-28% for a management company to manage the cleaning, booking, and maintenance.  However, after doing some reading here I am leaning on doing the bo...

Do you pay ‘state’ income tax on a property to the state that the property is in? And do some states have higher tax rates for rental property income? And if so, then does it make sense to structure a deal such that y...

Hi, My name is Moisey,I'm 19, starting my career in consumer banking, and am very interested in real estate and self-improvement. I've been spending a lot of time and energy focusing on self-improvement and focusing o...