Spenser Murphy
Taxes and flipping properties
Are there any tax advantages to house flipping like depreciation? Are the profits tax free? I want to get into multifamily rentals. Someone recommended flipping houses to raise capital to purchase the rental propertie...
Ross Hambright
Advice for taking the next step
Hi All,For the past couple months I have been gathering all the information I can on all things related to REI. I believe I'm to the stage now where I need to take action and purchase a property. Problem is I feel stu...
Tiffany Griggs
Long distance investing (Dubai)
Hello everyone. My husband and I live in Abu Dhabi (near Dubai), UAE but we are from GA. We have started this journey on becoming real estate investors (in USA) and have hit a couple hurdles. I am looking for suggesti...
Jamie Montpellier
So my property has a positive Cashflow, now what?
Hello everyone,We have all one end goal in mind and that is to create wealth for ourselves and our families. Now that you have found a property that cashflows and you are seeking to build your small real estate empir...
Kristi K.
Too many RED Flags!
A wholesaler contacted me about this house they have under contract for $205,000 that they want to close on within a week for $220,000. The house is in my hometown, I'm very familiar with the area. The house is easily...
Don Konipol
The Five Truisms About Real Estate That Are Actually NOT True
The Five Truisms About Real Estate That Are Actually NOT True
5. Real estate is a PEOPLE business, not a PROPERTY business. Well, maybe In residential, SOME of the time. BUT, guess what? It’s about the PROPERTY. You’...
John Lim
First property and STR loophole with bonus depreciation
Hi- I’m new to the forum and I’d greatly appreciate any advice.
I am under contract for a SFH property in metro Austin Area with a target closing date of end of May. Starting next year, I’d like to use the propert...
Elizabeth Kinde
Complex disability situation - unsure of feasibility of investing
Firstly want to thank this community and forum, I've found myself being directed back to it a number of times as I've been digging around the internet for information. I realize my situation is a complex one, and I'l...
Fran Flanagan
Dealing with Punitive Local Ordinances
The local borough where I own my rental property has come up with a real doozy of a new ordinance to go into effect this January. I'm fairly sure that they wanted a new law to deal with a few problem properties, prob...
Behan Salamati
Renters with Pets
So I have a question in regards to tenants with pets. I am currently in the process of interviewing tenants and my top choice is a family who will most likely become long term tenants. They currently have a really l...