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Hello,This is my third or fourth time using the calculator but I have recently sent a letter out to a neighbourhood asking to buy homes - I actually received a reply. 40 letters one reply - great ratio IMOAny way I wi...
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Last week I found a good property on the MLS, quickly worked the numbers and gave my agent the OK to present the offer. Within an hour, the seller's agent replied that there was a contract on it already. My agent p...
Hi everyone,I have a question about FHA loan, can you get two FHA loans at the same time if you are living in both places at the same time, meaning back and forth, or can you online get one at a time and live in that ...
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So I purchased a primary residence in the Houston, TX area back in 2015. I lived in it for two years and at the end of 2017 I moved to Boston, MA where I am renting. Since moving out, I have leased out my primary re...
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Hey Everyone, If you caught my last thread you will know I bought a couple mobile homes to be used as rentals. Both of these mobile homes need repairs, flooring, cabinets, sheetrock, windows, siding, etc. Once fixed...
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Hi everyone,Our partnership files a 1065 for passive real estate income. In the past we've always reported passive losses on our real estate investing activity. This year (2022 tax return) we are reporting passive n...
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Should I create an LLC for my first real estate deal? Or when is a good time to create an LLC?
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Hi--I've been trying to close for months on a foreclosure. Got the titlework today from ServiceLink/Chicago Title, and have a question for you experts (I'm supposed to close tomorrow). The previous owner has a 22K t...
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Looking to attend my first REI meetup in Tampa, FL area. Looked on meetup.com and found a few differnet groups there. Anyone recommend any of these groups or others?
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Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...