We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...
I asked ChatGPT (response posted below). They all seem like good questions, what do y'all think? What other questions should I be asking myself before deciding to invest in real estate? What was the most important que...
Investment Info:
Single-family residence buy & hold investment in Auburn.
Purchase price: $127,000
Cash invested: $22,000
4 bed 4 bath rental in Auburn AL
Purchase Price: $127,000 Current Value...
I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent. Most people don't know that your typical ins...
Hey everyone! I am a multifamily syndicator and looking for out of the box ideas on raising capital and filling the top of the funnel. My background and profession is sales so I'm great at talking to people and turni...
Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, hou...
Hi,I think I understand the difference between active and passive income. Passive income applies to most small landlords/owners as they collect rent from tenants. This also applies to investors who collect interest or...
Good Morning all,As I re-start in the world of REI, I am looking to build a reliable network of people and professionals. over the past few years, I have been working to build this business while holding a job. Once I...
I'm in my mid-50's and just getting started RE investing (haven't yet bought my first investment property). I'm feeling pressure to scale up cash flow quickly because of my age -- so I'm considering jumping right int...