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So for purpose of the Safe Harbor Rule for Rental property owners taking the Section 199a "QBI deduction", my understanding is that starting this year you document that you spent 250+ hours for your "rental real estat...
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Hello fellow pros. Was looking for some advice and feedback. We have a contract on our first mobile home property. It's small but a good starter. 4 units on 3/4 acre. Income $3450 per month Expense water $60Lawn $100...
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I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
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I have a partnership question for you all. My partner and I are just starting out. We have decided to invest in the Kansas City area because he lives there and it meets our investment criteria. I live in LA. I was ini...
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Just wondering what's everyone cash flow like per unit on a monthly basis.
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I invest out of state successfully. I know some members and vehemently against it and have stated that they know many have lost their shirts. Yet many members continue to go that route. My take on this those that d...
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Hi,My name is Kevin and I am a new real estate investor looking to buy multiple rental properties in the upcoming years. The problem for me is that I am from Southern California(Los Angeles) and as you all know, it i...
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I was reading a book from a popular commercial real estate investor this evening and he made the bold claim that real estate is a "get rich slow" business. One of the most successful investors I know in Austin uses t...
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Today a member of Phil's team named Chris Hall hit me up for a $25-40k upfront investment, so I'm here doing some research first. Such a partnership sounds worthy of launching a formal contract to define non-performa...
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I spent the weekend at a friends house that he bought a year and a half ago for $450k in the LA area, that is now worth $1.2 milion. He got in on the first phase of construction, and they're now finishing their final...