Hi everyone just like you all are or were I am new to investing in real estate. I have been been saving as well as collecting knowledge by listening to podcast, reading/listening to books. I would like to invest in th...
I am asking the following question for a family member and want to give them advice:They are living in a poor condition older home and the AC has been broken for months and they also have water leaking in the basement...
I've barely gotten my feet wet when it comes to REI, but I'd like to begin my career as an investor in rehabs and flips. I have a few questions/concerns before I make my first purchase. A few things: I've got a partne...
Hi. I am a British guy who has property i rent out in the UK and Ireland and i am looking to buy obviously cheap property to rent out in Detroit. I know its not what we call a plush area but i started in the UK in are...
In northern Ulster County, New York, I recently found a two family home for sale in a desirable area. The house is realistically a ranch with a 500 ft2 apartment above the garage. Condition is poor with serious and co...
If I know I'm going to have capital gains , would it be best to spend the money that's going towards tax on the gain or spend the money on capital improvements to bring up the cost basis?
My wife and I and sister-in-law are all equal partners (50/50) on a multi-family unit (4 plex). Long story short, my wife and I made a very poor decision going into real estate/landlording with my sister in law and we...
Hello everyone,
11/8/21Here is the situation. I own a small house (SFR) in Sacramento, CA that is occupied by a section 8 (also known as SHRA) tenant. I have owned the house for almost 5 years and the tenant has b...
Was anybody else angry after reading Rich Dad, Poor Dad? Lol I wished I got a hold of it sooner! About a year ago I found I have a love of books, and I haven't stopped ever since. In the back of my mind I always knew ...
I have one of my business coleagues that has a similar portfolio to me - 20+ new sfr's leveraged to about 90% and he had a large financial loss on a non realestate business deal that used up all of his reserves. Of co...