I am just curious as to how some of you seasoned investors maintain health insurance for yourself and your families? Are most of you "risking it", have spouses with insurance, paying outrageous deductibles ? I am stil...
Hi everyone, a partner and I recently bought a little seasonal cabin on a Minnesota lake that we plan on using specifically for an air bnb. We have rehabbed it and are set to post it in the next couple weeks. I just h...
Introduction:
Investing in multi-family properties can be a lucrative venture, but it's essential to carefully evaluate the condition of the property before making a purchase. Older multi-family properties, in partic...
Do you have your estate plan / trust in place? If not, then you are not protected from wealth destruction and the Big 4. Asset Protection is not just about preventing liabilities A true asset protection plan involves ...
I'm new to the real estate game, and I'm making a hard pivot in my financial strategy on where to allocate my money. All my life, my financial aspirations have been to max out my retirement accounts, but now I am tryi...
Hi,I am moving to Beaumont, Texas for work this fall and am contemplating on what to purchase/do to plan ahead. I was thinking of buying a home and trying to rent to several coworkers. Is there any advice on my first ...
Hello all, I am wondering if any landlord has had a tenant who was behind on rent come to them and say, " I am on the Dave Ramsey plan and I don't plan on being late again." If so how did you respond?
I understand you can defer taxes on SFH through a 1031 exchange, but what about tax deferment as an LP of a syndication? It's my understanding you'll have some paper losses due to depreciation that you can push to fo...
I am a Newbie.
Here is a summary—Any suggestions are appreciated.
I have about $50K in saving and could potentially get to $100K in cash for my very first real estate investment.
Current consideration:
1. Start w...
Really nice forum. Been through a few trainings. Ready to invest. Have 2 homes (one owner occupied), one investment residential care home (ie rental property with elderly and nursing staff). Both have no mortgage and ...