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Hello,I'd like to start investing in real estate within the next year. I don't have much cash on hand because every month I put money away into index funds and only keep enough in savings to cover about 3 months worth...
@Joshua Dorkin I mentioned this in another thread the other day, but I am having issues with the @mention feature whenever I am quoting another post. If I post in a thread without quoting, the @mention works as it is...
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Hello everyone!So I've been wholesaling for about 6 months now, but I've never experienced a deal quite like this. I got the property under contract for $58K, and the seller still owes a mortgage of about $54K. She re...
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Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
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Hello,Around end of August I bought a townhouse type property with an FHA loan (so I live in it too) and started renting out the rooms. (So I live in it too) While filing my tax returns, however, I ran into a few issu...
simple tax question here...if i buy a property and a rehab it, and i'm all in for 200k, refi it and pull out 100k more, and then firesale at 300k, do i owe capital gains or is it a breakeven? something i'm missing he...
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Hello everyone, pleasure to be a part of this community. Seems like there's a lot of valuable information and people on this forum. I'm currently very interested in investing in MFH's. I'm 22, live in NJ, currently a ...
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My partner and I are currently building our fix and flip business plan and are hoping to get our first rehab in the next month or two. He will be responsible for the rehab and working with the contractors. I will be a...
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Hello all,
I am looking at purchasing my first inv prop, and am really trying to stick to a buy and hold strategy focusing on rental properties but i also realize right now that cash is king and even with conv financ...
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Hi All! I wanted to see what folks' experience has been with Steadily for STR insurance. They are quick and responsive in terms of providing a quote, doing paperwork, and then answering questions, but I haven't actual...