Hi Guys,Not sure if I am posting this in the right place but here it goes...I currently have a full time job but I really want to get into Real Estate Investing. I am considering becoming a part-time RE agent first so...
I'm ready to jump in and buy my first actual investment (non-house hack/already doing it). I'm 50+ years old and generally want to purchase cash flow properties as I inch toward retirement. I'm in a fairly transient a...
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
My longterm goal is to get to $5-$6k in rent cashflow per month (not counting cap ex etc). I work a full time job and so does my wife so we're working on real estate on the side and aren't particularly wealthy so we'r...
This property has three units, a 3/2 and two 1/1's. Current rents are 1100, 735, and 725. I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative e...
My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:https://www....
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
Hello, all!My wife and I live in a very nice, income-restricted apartment complex. We were able to qualify, as I make just under the maximum income allowed to rent there. (My wife is a full-time student)My question is...
A realtor that I recently networked with mentioned he has a client that wants to buy a house in the market I live in but the client is currently out of state and is waiting for a moving expense package from his job to...
We’re running into a snag on our financing for a STR condo and we might have to delay our closing. - I’m looking into approaching the sellers and see if they’re interested in a seller financing agreement. Any advice o...