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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...
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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...
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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...
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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...
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Hi All,I’d love your ideas on this: there’s a mobile home on the lot next to our short term rental (str) property that is long since abandoned. Its a bit of an eyesore (only when driving up the road—thankfully it can’...
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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...
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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?
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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...
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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...
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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 ...