John Mcdaniel
How to pick most favorable state for incorporation
Currently in the process of purchasing a residential REO in NJ, but intend on buying property in Florida over the next several months, as well. The plan is to form an LLC, and as we are doing business in both states ...
Craig Dieterich
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.This seems like a good deal. Not huge cashflow, but the idea is to get it paid off in 5...
Sebastian Madariaga
DIY or Contract out ?
Hope everyone’s doing well today!!When first starting out, let’s say you get a property that needs updated but no major repairs and ya plan on living in the property....Would you suggest contracting out or doing the w...
Lacey A.
Rent to Myself
Is it legal, per the IRS, to rent my primary home back to myself? I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but t...
Ray Negrete
GC or No GC, that is the question
Serious question here:
Would you rather GC a project yourself or hire a turn-key GC? (Please ellaborate and explain your reasoning)
Matthew M Spolsky
First Purchase - is a $30k renovation too large for a newbie
I've got a deal I'm ready to move on. I've analyzed it every which way and have my numbers firm for the mortgage. The CoC ROI is between 12 and 18% depending one how much is offered. But I am factoring in a $30k renov...
Greg Strunak
Cash flow/ passive income
Hi everyone,
I’m currently scaling my Airbnb business and reinvesting all my property’s income into growth. Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income....
Charles Press
Hire Prop Manger or DIY
Hi everyone,
Buying my first nvestment property. It is a 7 unit building, 100% occupied. Nice neighborhood, many tenets have a long history 5+ years. It's 30 miles and 35-40 minutes from my primary ...
Matthew Powell
How can I use my 401k to invest in real estate?
I have a 401k with fidelity that I have been contributing to for 8 years now. I have built up a good amount of money in this account. The ultimate goal is to quit my W-2 and live off of passive income. Which means my ...
Lutfiyya Portier
I see the house but not the plan why is that?
Hello everyone first time poster, still navigating the site. I hear people talk about having a business plan that they take to the banks or lenders to show what they plan to do with a property.i was wondering who is t...