Looking into buying a cheap (5K or less) lot here in NC in a small town within 20 miles to a major city (Raleigh,NC). My plan is to find a cheap mobile home (5k or less) and having it moved onto the lot. Would have to...

Property price + rehab = 420k cost I’m paying 2.200/monthly for hard money. So I’m not getting any offers better than 425k paying comission I would loose money. So I’m thinking about keeping it to rent. Please let me ...

Hello all, 1st time posting. Learning as much as I can as quickly as possible to get started in REI, but I have a family scenario / question for all the experts out there. My mother inherited 1/4 of a paid off lake ho...

I heard that if you are a sole member LLC that you must pay income tax on the money that is in your accounts. But you will pay less taxes if there is more than on member. How does this exactly work? Does having an LLC...

I have thought about 3 strategies for putting money aside for repairs on a rental property:

Method A - Determine an amount and "escrow" that
Example: $2,000 (depends on size of property)
Put away $166.67 until that a...

If I decide later to start a construction business (actively building and selling new spec houses), assuming this is taxed as ordinary income with social security, etc and treating the homes as inventory - if you buil...

I am selling a property I have owned for one year. The problem is the date the deed was recorded is not the date we closed. When does the iRs see that one year starting from- date of closing or the date someone actual...

Just out of curiosity. Is it possible to buy a house for cash, have it cash flow $1000/month and then just keep buying those until I get $20,000/month? Why not just 20 of the same house? Can I do this passively I hate...

Hi Everyone.  Looking for some insight and advice.  Currently I have 49 acres of raw land in rural Va that is free and clear, 2 rentals (1 paid off and $100k equity in the other), my personal house ($150k equity) and ...

I'm an overseas investor, but a US citizen. I will be talking to a CPA next week, but want to make sure I have a general understanding of what to ask. In theory, let's say I have $1 million cash for 5 properties, each...