Hey all,
Does anyone know how @tcruznc on tik tok scaled his portfolio to over 300 units in such a short period of time and didn’t get over leveraged in the process?
Hello everyone,
I'm short on investors for my properties but I always get that one person who wants to buy a property with a bank loan. However, I have no idea how to do that process so I generally advertise "Cash or...
Hi All -I am an interesting scenario which I would love some help with. My husband and I purchased a 5 acre lot where we are going to build our forever home. Our current primary home is on the market (hopefully sell...
Buying our first flip and was just told we need to have a 1031 exchange? Thoughts, please!
Greetings,As a "newbie" who is rebounding from my first REI non-deal, I am treading the waters once again and working on flipping my REI deal by December 16, 2016. Here's my question: "What is the difference between a...
Could a long term lease could be written as a series of short term leases (less than 30 days), and thus qualify income from the rental as "Active" and thus allow the tax filer to file as a "real estate professional"?
I ran across this commentary on Dodd Frank and how it affects owner finance from a RMLO in a linkedin group. Just thought I would post it for discussion. Thanks. https://www.linkedin.com/grp/post/8307186-6015099201514...
Hi - looking to learn more about the tax benefits of a short term rental property for a high income W-2 earner. What exactly is tax deductible and is income taxed at my ordinary income rate? Any resources folks would ...
Is there any banks offering a HELOC on a rental property? I moved in with my fiancé and have renters in my house, and trying to get a heloc for a down payment to get to a second rental investment. Any suggestions are...
I'm purchasing a house for $29,000 and will be renting it for $800/month. It needs little work; just a fresh coat of paint and a new subfloor in the kitchen. I have cash on hand to purchase the house, but don't wan...