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Hi! Hoping you all might have some advice for a first time RE investor. I own one rental, but my main income is from a W2, and I'm not quite sure what type of tax professional I should be reaching out to ahead of tax ...
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I am a new investor and just had a property inspected today. I have two questions.1. The plumbing scope found new plumbing in the house but outside the house was rusted cast-iron that the scope was unable to continue ...
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Hello Team, God bless! I close this week on my first duplex. I have one side rented out and the other is vacant and needs some love.What are the proper steps to getting it rented out? What do I use to advertise?Who do...
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I'm planning to send out mailers to solicit MF sellers in a few different markets. Do you have a yellow letter/mailer you're willing to share? If so, feel free to post it here or send me a private message.I'd be mos...
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Hello Tax team, Here is the scenario and I want to understand how the cost elements needs to be treated from taxing aspect?I purchased a property to flip in 2022. The property was ready for a sale in 2023 but could no...
Do you change which purchasing contract you use depending on the seller? I am working with a "Big Fish" in the community who is letting me see 3 of his homes. He is obviously experienced in real estate, Should I u...
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Any Central Ohio bankers experienced with opening a Solo 401k checking account?Looking to complete some of my fix and flip projects within my retirement account, without have to wait days for money transfers for labor...
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With an expanding rental portfolio and next step to focus on Multi-family, it seems to be a better idea to hire a professional Property Management company to mange my rental units. Most of my rental units are in Weste...
Completing ten real estate deals in only eighteen months might seem ambitious for a rookie investor, but today’s guest had no choice after experiencing a MAJOR loss of income.
In this episode of the Real Estate Roo...
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HelloI have found that many individuals have had issues with General Contractors whether it is a simple reno for retail buyer, to a full on project for an investor. I have heard several horror stories and wonder if th...