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I want to start investing in real estate. I want to buy my first single family rental property in Alabama. I already secured a NQ mortgage; therefore, the deal will be closed under a LLC or land trust. I want to set a...
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Hi there,
My husband and I are first-time landlords due to a property inheritance. The home we inherited does not currently have a mortgage on it.
We are looking at refinancing our primary residence, and I'm thinki...
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Hi, looking at my first SFR rental, out of state in Kansas City, MO. The house is approx 100K for 3bed/2bath, built in 1960 but rehabbed. Got an insurance quote for $1300/year. (It sounds high). It covers 250K replac...
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We are under contract on our 4th small(ish) apartment building. Our total doors after closing will be 50. I’m trying to learn more advanced tax strategies and this one is something I don’t quite get. This building ...
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Wife and I have greatly appreciated real estate in CA and I'm trying to plan our next steps. If we sold our home, we'd have roughly $800K in cap gains, so I'm interested in the idea of making it a rental for a while ...
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1031 Exchange into a Delaware Statutory Trust (DST) and reporting such on Tax ReturnI am trying to visualize just how DST Tax Reporting is done on a 1031 exchange into a DST., and how the Property Basis and depreciati...
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Hello everyone. I am a relatively new investor. I currently have four properties, and am working on purchasing my fifth in five year. Frankly, I have not found a better and more rewarding method of building wealth!...
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I recently had an apartment for rent and was approached by The Connections. It's a housing agency that replaces people into housing. I've dealt with them in the past and have had success so I wasn't worried when they ...
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Originally I was considering starting with a few single family purchases. I'm wondering now if I might be better off doing a multi-family deal first. I know the cashflow can be a bit less overall, and tenant problems ...
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Hello all. Next year I want to begin the process of buying my first multifamily unit, which I want to live in one unit. But all my money is in IRA's and other money funds, and I think I'm going to need to tap into tho...