We closed on a house in the DMV area at 403,000 with 20% down back in march, 2020. The house has gone up in value by almost 80k since than and the net positive cashflow is $760 per month IRR is almost 19%. The cash on...
At what point in your RE Investing journey did you hire a CPA to do your taxes? At one rental? At ten rentals? After creating a business? Trying to determine how much longer I should do my own taxes. Thanks!
Hey everyone, first post here. Based in Los Angeles but looking to possibly invest in Seattle and surrounding area since my wife and I have family up there and may make the move years down the road. Been listening to ...
Hi All!My daughter and I are brand new to this group, and have a question on how to finance our (her) first property. She is 18 and has chosen to start a construction/real estate business instead of going to college,...
I've recently left my long term real job. I'm now working full time as a realtor and investor. I've got my living expenses pretty low, but still trying to get used to the idea of not having a steady stream of paych...
Hello all. I'm a newbie investor looking to make my first flip. Should I start an LLC first and put the house under it?
Hi Guys,I am looking at a refinancing on my property in PA area where I am considering a 5/1 arm vs 30 year fixed loan option. I am assuming 5/1 arm is a better option given the interest rates are subject to change wi...
I am purchasing a 3 unit apartment, all with outdated appliances. I am trying to set myself up for the most efficient appreciation before I plan to refinance and put that money towards another property. Is there a rou...
My first REAL post, be nice and thanks in advance for any opinions!I currently have a 3/2 that I own outright and rent for $1700 per month. Taxes are $4k per year and Insurance/hoa/maintenance is at around $1100 per ...
Hey all!I'm pretty new to the forums here, but it's been great so far. I want to complete my first deal by May of 2017, and I have reached a crossroad.I originally was planning to make my first investment a "bread and...